Post by Logan on Apr 16, 2016 9:17:17 GMT -6
House passes bond bill for transportation, as Maine lawmakers scurry to finish
AUGUSTA — The Maine Legislature on Friday passed a package of bonding bills that will ask voters to borrow as much as $150 million in the state's next budget cycle.
Included in a series of bills that were approved by lawmakers is $100 million for highways, bridges, ports and intermodal facilities, $45 million to fuel a fund managed by the Maine Technology Institute and $5 million aimed at luring entrepreneurs to the state.
The House voted 147-4 to approve LD 1694, which would ask voters whether the state should sell $100 million in bonds for transportation infrastructure improvements.
The bill stalled earlier in the week in the budget-writing Appropriations Committee when Democrats on the panel urged their colleagues to support a study to find additional ways to fund highway infrastructure improvements in light of declining gas tax revenue caused by improving automobile fuel efficiency.
Read more: www.sunjournal.com/news/maine/2016/04/15/house-passes-bond-bill-transportation-maine-lawmakers-scurry-finish/1906357
AUGUSTA — The Maine Legislature on Friday passed a package of bonding bills that will ask voters to borrow as much as $150 million in the state's next budget cycle.
Included in a series of bills that were approved by lawmakers is $100 million for highways, bridges, ports and intermodal facilities, $45 million to fuel a fund managed by the Maine Technology Institute and $5 million aimed at luring entrepreneurs to the state.
The House voted 147-4 to approve LD 1694, which would ask voters whether the state should sell $100 million in bonds for transportation infrastructure improvements.
The bill stalled earlier in the week in the budget-writing Appropriations Committee when Democrats on the panel urged their colleagues to support a study to find additional ways to fund highway infrastructure improvements in light of declining gas tax revenue caused by improving automobile fuel efficiency.
Read more: www.sunjournal.com/news/maine/2016/04/15/house-passes-bond-bill-transportation-maine-lawmakers-scurry-finish/1906357