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ME LD25
Bill
AI Summary
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Authorizes the State of Maine to issue $50,000,000 in general obligation bonds for wastewater treatment facility planning and construction grants
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Grants will assist municipalities, quasi-municipal entities, and unorganized townships with infrastructure projects for proper management and disposal of wastewater sludge or biosolids
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Bonds are backed by the full faith and credit of the State and may not exceed a 10-year term from date of original issue
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Requires voter ratification through a statewide referendum held in November following passage of the Act
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Bonds must be issued within 5 years of ratification or become deauthorized, though the Legislature may extend this period by up to 5 additional years
Legislative Description
An Act to Authorize a General Fund Bond Issue to Fund Wastewater Treatment Facility Planning and Construction of Infrastructure Projects
Bond Issues
Last Action
CARRIED OVER, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800.
6/25/2025