Maine LD 784: An Act To Authorize a Revenue Bond for a Student Loan Reduction Plan

LD 784 (subjects: BOND ISSUES , EDUCATION )

Official bill page at mainelegislature.org: http://www.mainelegislature.org/legis/bills/display_ps.asp?ld=784&PID=1456&snum=127


Sponsors | Actions | Bill Text | Patterns of Support


Sponsors

Principal Sponsor: Rep. Matthew Pouliot of Augusta: (R – District 86) — e-mail | Twitter | Facebook

4 Cosponsors:

Actions

Chamber

Action
3/10/2015 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.
3/10/2015 House Committee on APPROPRIATIONS AND FINANCIAL AFFAIRS suggested and ordered printed.
On motion of Representative ROTUNDO of Lewiston, TABLED pending REFERENCE.
Later today assigned.
3/10/2015 House Unfinished Business
3/11/2015 House Speaker laid before the House
Subsequently, the Bill was REFERRED to the Committee on EDUCATION AND CULTURAL AFFAIRS.
Sent for concurrence. ORDERED SENT FORTHWITH.
3/12/2015 Senate On motion by Senator HAMPER of Oxford Tabled until Later in Today’s Session, pending REFERENCE
Unfinished Business
3/17/2015 Senate Unfinished Business
3/18/2015 Senate Taken from the table by the President
Subsequently, On motion by Senator Langley of Hancock REFERRED to the Committee on EDUCATION AND CULTURAL AFFAIRS , in concurrence.
6/1/2015 House Reports READ.
On motion of Representative KORNFIELD of Bangor, the Majority Ought to Pass as Amended Report was ACCEPTED.
The Bill was READ ONCE.
Committee Amendment “A” (H-228) was READ and ADOPTED.
Under suspension of the rules, the Bill was given its SECOND READING without REFERENCE to the Committee on Bills in the Second Reading.
The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment “A” (H-228).
Sent for concurrence. ORDERED SENT FORTHWITH.
6/2/2015 Senate Reports READ
On motion by Senator LANGLEY of Hancock Bill and accompanying papers COMMITTED to the Committee on Appropriations and Financial Affairs , in NON-CONCURRENCE.
Ordered sent down forthwith for concurrence.
6/3/2015 House The House RECEDED and CONCURRED to REFERENCE to the Committee on APPROPRIATIONS AND FINANCIAL AFFAIRS.
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.
4/15/2016 Senate Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

Bill Text

.

An Act To Authorize a Revenue Bond for a Student Loan Reduction Plan

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

Sec. 1. Finance Authority of Maine to issue revenue bonds. In accordance with the Maine Revised Statutes, Title 10, section 962, subsection 6 and section 969-A, subsection 5, the Finance Authority of Maine may issue up to $40,000,000 in revenue bonds to fund a student loan reduction plan in order to allow residents of the State to refinance student loans. Bonds issued pursuant to this section, including any notes or other evidences of indebtedness or obligations designated as bonds issued pursuant to this section, may not be deemed to be a debt of the State or a pledge of the full faith and credit of the State. All bonds issued pursuant to this section must have a statement on their face that the State is not obligated to pay the bonds or the interest on the bonds and that the full faith and credit of the State is not pledged to the payment of the principal of or interest or premium on the bonds.

summary

This bill authorizes the Finance Authority of Maine to issue revenue bonds in the amount of $40,000,000 to fund a student loan reduction plan in order to allow residents of the State to refinance student loans.

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 784 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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