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ME LD351
Bill
Status
1/30/2025
Primary Sponsor
Joseph Baldacci
Click for details
AI Summary
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Authorizes $10,000,000 in General Fund bonds to construct a temperature-controlled international warehouse for goods and cargo at Bangor International Airport
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Department of Transportation would oversee the project, with bonds backed by the full faith and credit of the State of Maine
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Bonds may not exceed a 10-year term and must be issued within 5 years of voter ratification (with possible 5-year extension by Legislature)
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Requires approval by Maine voters through a statewide referendum held in November following legislative passage
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Unspent bond proceeds after 10 years lapse to the Treasurer of State for retirement of general obligation bonds
Legislative Description
An Act to Authorize a General Fund Bond Issue to Build a Warehouse for Goods and Cargo at Bangor International Airport
Aeronautics
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