Maine LD 51: An Act To Eliminate the Bonding Authority of the Maine Governmental Facilities Authority

LD 51 (subjects: STATE FINANCES , BONDED DEBT )

Official bill page at mainelegislature.org: http://www.mainelegislature.org/legis/bills/display_ps.asp?ld=51&PID=1456&snum=127


Sponsors | Actions | Bill Text | Patterns of Support


Sponsors

Principal Sponsor: Rep. Heather Sirocki of Scarborough: (R – District 28) — e-mail

8 Cosponsors:

Actions

Chamber

Action
1/14/2015 House Committee on Appropriations and Financial Affairs suggested and ordered printed.
The Bill was REFERRED to the Committee on APPROPRIATIONS AND FINANCIAL AFFAIRS.
Sent for concurrence. ORDERED SENT FORTHWITH.
1/20/2015 Senate On motion by Senator HAMPER of Oxford Tabled until Later in Today’s Session, pending REFERENCE
Unfinished Business
1/22/2015 Senate (Unfinished Business)
1/29/2015 Senate Unfinished Business
2/3/2015 Senate (Unfinished Business)
2/5/2015 Senate Unfinished Business
2/10/2015 Senate Taken from the table by the President
On motion by Senator Hamper of Oxford REFERRED to Committee on APPROPRIATIONS AND FINANCIAL AFFAIRS , in concurrence.
6/22/2015 House Reports READ.
On motion of Representative ROTUNDO of Lewiston, the Majority Ought Not to Pass Report was ACCEPTED.
Sent for concurrence. ORDERED SENT FORTHWITH.
6/22/2015 Senate Reports READ.
On motion by Senator HAMPER of Oxford the Majority Ought Not to Pass Report ACCEPTED, in concurrence.
Placed in the Legislative Files (DEAD).

Bill Text

.

An Act To Eliminate the Bonding Authority of the Maine Governmental Facilities Authority

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 4 MRSA 1604, sub- 10, as enacted by PL 1987, c. 438, 1, is amended to read:

10. Provide for financing or refinancing. To provide financing for any project, projects or part of any project or to provide for refinancing of existing indebtedness, and, for the financing of the project, projects or part of any project and of other necessary and usual attendant facilities, to borrow money and to issue negotiable securities and to provide for the rights of the holders of those securities issued by the authority prior to October 1, 2015. Beginning October 1, 2015, the authority may not issue a bond or negotiable security;

summary

This bill removes the Maine Governmental Facilities Authority???s ability to issue bonds or negotiable securities beginning October 1, 2015.

Patterns of Support

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.


This information about LD 51 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.

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