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ME LD363
Bill
AI Summary
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Authorizes a General Fund bond issue to create a new School Capital Improvement Fund for renovating or replacing school facilities
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School districts would be eligible based on criteria including the condition and age of the facility needing renovation or replacement
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Funds distributed on a one-to-one matching basis, requiring school districts to match state funding
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Concept draft (pursuant to Joint Rule 208) without specific dollar amounts or detailed provisions yet established
Legislative Description
An Act to Authorize a General Fund Bond Issue to Create the School Capital Improvement Fund
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
Committee Referrals
Appropriations And Financial Affairs1/30/2025
Full Bill Text
No bill text available