Skip to main content

Posts

Showing posts with the label Bonding Authority of Maine<

Upcoming Hearing On Bill That Attempts To Bypass Maine State Constitution

If you are wondering why I am missing in action these days, it's because I have been working on launching the Preserving The American Political Philosophy website, which is almost set to go. But this is another issue too important to miss. An Act To Repeal 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, 2013. Beginning Octob