LD 1234 (subjects: BOND ISSUES , HISTORIC PRESERVATION )
Official bill page at mainelegislature.org: http://www.mainelegislature.org/legis/bills/display_ps.asp?ld=1234&PID=1456&snum=127
Sponsors | Actions | Bill Text | Patterns of Support | In The News
- Rep. Sara Gideon of Freeport: (D – District 48) — e-mail | Twitter | Facebook
Rep. Michael Devin of Newcastle: (D – District 90) — e-mail | Facebook
Rep. Richard Campbell of Orrington: (R – District 130) — e-mail | Facebook
Rep. Joyce Maker of Calais: (R – District 140) — e-mail
Sen. Brian Langley of Hancock: (R – District 7) — e-mail | Twitter | Facebook
Sen. Andre Cushing of Penobscot: (R – District 10) — e-mail | Twitter | Facebook
Sen. Rebecca Millett of Cumberland: (D – District 29) — e-mail | Facebook
Sen. Linda Valentino of York: (D – District 31) — e-mail | Twitter | Facebook
Sen. Dawn Hill of York: (D – District 35) — e-mail | Twitter | Facebook
|4/7/2015||Senate||Committee on APPROPRIATIONS AND FINANCIAL AFFAIRS
suggested and ordered printed
On motion by Senator MASON of Androscoggin , REFFERRED to the Committee on APPROPRIATIONS AND FINANCIAL AFFAIRS
Ordered sent down forthwith for concurrence.
|4/7/2015||House||Bill REFERRED to the Committee on APPROPRIATIONS AND FINANCIAL AFFAIRS.
In concurrence. ORDERED SENT FORTHWITH.
|7/16/2015||Senate||CARRIED OVER to any Special or Regular Session of the 127th Legislature pursuant to Joint Order HP 994.|
|7/16/2015||House||Carried over to any special and/or regular session of the 127th Legislature pursuant to Joint Order HP 994.|
|4/14/2016||Senate||Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)|
An Act To Authorize a General Fund Bond Issue To Acquire the Frances Perkins Homestead
Preamble. Two thirds of both Houses of the Legislature deeming it necessary in accordance with the Constitution of Maine, Article IX, Section 14 to authorize the issuance of bonds on behalf of the State of Maine to provide funds as described in this Act,
Sec. 1. Authorization of bonds. The Treasurer of State is authorized, under the direction of the Governor, to issue bonds in the name and on behalf of the State in an amount not exceeding $2,000,000 for the purposes described in section 5 of this Act. The bonds are a pledge of the full faith and credit of the State. The bonds may not run for a period longer than 10 years from the date of the original issue of the bonds.
Sec. 2. Records of bonds issued; Treasurer of State. The Treasurer of State shall ensure that an account of each bond is kept showing the number of the bond, the name of the successful bidder to whom sold, the amount received for the bond, the date of sale and the date when payable.
Sec. 3. Sale; how negotiated; proceeds appropriated. The Treasurer of State may negotiate the sale of the bonds by direction of the Governor, but no bond may be loaned, pledged or hypothecated on behalf of the State. The proceeds of the sale of the bonds, which must be held by the Treasurer of State and paid by the Treasurer of State upon warrants drawn by the State Controller, are appropriated solely for the purposes set forth in this Act. Any unencumbered balances remaining at the completion of the project in this Act lapse to the Office of the Treasurer of State to be used for the retirement of general obligation bonds.
Sec. 4. Interest and debt retirement. The Treasurer of State shall pay interest due or accruing on any bonds issued under this Act and all sums coming due for payment of bonds at maturity.
Sec. 5. Disbursement of bond proceeds from General Fund bond issue. The proceeds of the sale of the bonds authorized under this Act must be expended as designated in the following schedule under the direction and supervision of the agencies and entities set forth in this section.
|MAINE HISTORIC PRESERVATION COMMISSION|
Sec. 6. Contingent upon ratification of bond issue. Sections 1 to 5 do not become effective unless the people of the State ratify the issuance of the bonds as set forth in this Act.
Sec. 7. Preservation easement. To protect the State’s interest, a preservation easement or covenant to be held by the Maine Historic Preservation Commission must be placed on the Frances Perkins homestead for a period of not less than 50 years.
Sec. 8. Appropriation balances at year-end. At the end of each fiscal year, all unencumbered appropriation balances representing state money carry forward. Bond proceeds that have not been expended within 10 years after the date of the sale of the bonds lapse to the Office of the Treasurer of State to be used for the retirement of general obligation bonds.
Sec. 9. Bonds authorized but not issued. Any bonds authorized but not issued within 5 years of ratification of this Act are deauthorized and may not be issued, except that the Legislature may, within 2 years after the expiration of that 5-year period, extend the period for issuing any remaining unissued bonds for an additional amount of time not to exceed 5 years.
Sec. 10. Referendum for ratification; submission at election; form of question; effective date. This Act must be submitted to the legal voters of the State at a statewide election held in the month of November following passage of this Act. The municipal officers of this State shall notify the inhabitants of their respective cities, towns and plantations to meet, in the manner prescribed by law for holding a statewide election, to vote on the acceptance or rejection of this Act by voting on the following question:
“Do you favor a $2,000,000 bond issue for the acquisition for the nonprofit Frances Perkins Center of the Frances Perkins homestead in Newcastle, the ancestral home of the United States Secretary of Labor from 1933 to 1945, the first woman appointed to the United States Cabinet, that is on the National Register of Historic Places and is a National Historic Landmark?”
The legal voters of each city, town and plantation shall vote by ballot on this question and designate their choice by a cross or check mark placed within a corresponding square below the word “Yes” or “No.” The ballots must be received, sorted, counted and declared in open ward, town and plantation meetings and returns made to the Secretary of State in the same manner as votes for members of the Legislature. The Governor shall review the returns. If a majority of the legal votes are cast in favor of this Act, the Governor shall proclaim the result without delay and this Act becomes effective 30 days after the date of the proclamation.
The Secretary of State shall prepare and furnish to each city, town and plantation all ballots, returns and copies of this Act necessary to carry out the purposes of this referendum.
This bill provides for a bond issue to be presented to the voters in the amount of $2,000,000 to be used for the acquisition of the Frances Perkins homestead in Newcastle, which is on the National Register of Historic Places, is a National Historic Landmark and is the ancestral home of Frances Perkins, who served as the United States Secretary of Labor longer than any other person in that office and became the first woman to hold a cabinet position in the United States. This bill directs that a preservation easement or covenant be held by the Maine Historic Preservation Commission.
Pattern of Cosponsorship by Region:
Pattern of Cosponsorship by Gender:
Pattern of Cosponsorship by Party:
Pattern of Cosponsorship by Campaign Finance Classification:
Note: Maine Clean Elections Act (MCEA) Qualified candidates only accept a small dollar value of initial contributions early in their campaigns, pledge not to accept further campaign contributions from private sources, and receive public funding for their campaigns. MCEA Non-Qualified candidates choose not to obtain public funding and instead are free to accept campaign contributions from individuals, party committees, political action committees and business sources.
In The News…
Recent news stories featuring LD 1234:
- Kennebec Journal: In a time of tight budgets, Legislature buys taxpayers a summer place
This information about LD 1234 was last updated on 2016-05-12.
The Open Maine Politics website is in a beta release and results should not be taken as definitive. Please visit the official website of the Maine State Legislature for entirely verifiable information.