128th MAINE LEGISLATURE
LD 1613 LR 2250(02)
An Act To Authorize a General Fund Bond Issue To Assist in the Commercialization of Maine Products and Services
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
             
Fiscal Note
Bond Issues Term (years) Principal Rate (%) Interest Total Cost
General Fund - Taxable 10 $55,000,000 4.75% $14,368,750 $69,368,750
Referendum Costs Month/Year Election Type Question Length
Nov-17 General Bond Issue Standard
The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general election in November.  If the number or size of the referendum questions requires production and delivery of a second ballot, an additional appropriation of $107,250 may be required.