Loading chat...
ME LD762
Bill
Status
2/25/2025
Primary Sponsor
Nicole Grohoski
Click for details
AI Summary
-
Authorizes $18,000,000 in general obligation bonds for capital costs associated with the maintenance, preservation, and promotion of state historic sites
-
Funds would be administered by the Department of Agriculture, Conservation and Forestry's Bureau of Parks and Lands
-
Bonds are backed by the full faith and credit of the State and may not exceed a 10-year term
-
Requires voter approval through a statewide referendum in November following legislative passage
-
Bonds must be issued within 5 years of voter ratification or they 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 for the Maintenance, Preservation and Promotion of State Historic Sites
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