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Bill > LD363


ME LD363

An Act to Authorize a General Fund Bond Issue to Create the School Capital Improvement Fund


summary

Introduced
01/30/2025
In Committee
01/30/2025
Crossed Over
Passed
Dead

Introduced Session

132nd Legislature

Bill Summary

This bill is a concept draft pursuant to Joint Rule 208. This bill would authorize a General Fund bond issue in order to create the School Capital Improvement Fund. The fund would be available to any school district, subject to eligibility criteria such as the condition and age of the school facility to be renovated or replaced. Funds would be available to school districts on a one-to-one matching basis.

AI Summary

I apologize, but the provided XML document appears to be an incomplete or placeholder bill text. While the bill title suggests it is about authorizing a general fund bond issue to create a School Capital Improvement Fund, the actual bill text does not contain specific details about the bond, its amount, purpose, or implementation. Without more substantive content, I cannot provide a meaningful summary of the bill's provisions. If you have the full text of the bill, I would be happy to help summarize its key provisions.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Hearing (13:00:00 4/17/2025 State House, Room 228) (on 04/17/2025)

bill text


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