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126th MAINE LEGISLATURE |
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LD 429 |
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LR 1396(01) |
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An Act To
Authorize a GARVEE Bond for the Repair of Deficient Arterial State Highways
and Bridges |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Mazurek of Knox |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2013-14 |
FY 2014-15 |
Projections FY 2015-16 |
Projections FY 2016-17 |
| Appropriations/Allocations |
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Other Special Revenue Funds |
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$80,000,000 |
$0 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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The Department of
Transportation will require a one-time Other Special Revenue Funds allocation
of $80,000,000 in fiscal year 2013-14 for an issuance of GARVEE bonds for the
reconstruction, rehabilitation or replacement of deficient Priority 1 and
Priority 2 state highways and bridges with a poor or unacceptable rating. |
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