AUGUSTA — The Maine House of Representatives has approved part of the $149.5 million bond package proposal making its way through the Legislature. The House passed four of the five bills that make up the state borrowing package for roads, bridges and education facilities. The Maine Senate also has approved LD 782. The four approved […]
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Committee approves state borrowing package
AUGUSTA (AP) — A Maine legislative panel approved a state borrowing package proposal for roads projects and education on Thursday, sending the proposal to the full Legislature before it goes to voters for final approval. The Appropriations Committee unanimously passed the five-bill, $149.5 million bond proposal, putting it on track to be placed on the […]
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Maine hospitals to get owed Medicaid payments by Sept. 30
AUGUSTA — The state is about one week away from selling a liquor revenue bond that will fund payment of $183.5 million in Medicaid debt to Maine’s hospitals, Gov. Paul LePage’s office announced Thursday morning. The announcement comes on the heels of healthy, stable bond ratings from Standard & Poor’s and Moody’s Investors Service, according […]
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Legislature to start work on $150 million borrowing package in earnest Thursday
AUGUSTA — Lawmakers on the Legislature’s budget-writing Appropriations and Financial Affairs Committee will convene Thursday to start work on a $150 million state borrowing package. Republican Gov. Paul LePage and leaders in the Democratic majority reached a tentative deal late Friday on a bonding package they hope to send out for voter approval in November. […]
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LePage, lawmakers reach agreement on $150 million bonding package
AUGUSTA — Leaders of the state Legislature’s Democratic majority and Republican Gov. Paul LePage announced late Friday they had reached a deal on a $149.5 million state borrowing package they hope to put before voters in November. The funding would be used for a variety of statewide infrastructure improvements, including repairs and reconstruction for state-owned […]
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LePage wants Democrats to cap bond package at $150 million
AUGUSTA — Gov. Paul LePage said Wednesday that he and legislative leaders are “all pretty much in the same place” on the importance of what has been a contentious bond package following a meeting in Senate President Justin Alfond’s office Wednesday morning. LePage told reporters that he will support a borrowing package of up to […]
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Gov. Paul LePage wants Legislature to fast track $100 million transportation bond
AUGUSTA — In a letter sent to the Democratic legislative leadership Wednesday, Republican Gov. Paul LePage said time is running out to reconvene the Legislature and approve sending his proposed $100 million transportation bond to voters this November. Both parties say they support the transportation bond, but there is disagreement over how quickly it needs […]
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Session ends, but haggling over bonds continues
AUGUSTA — The Democratic-controlled Legislature finished their business for the session early Wednesday, but a bitter partisan battle over borrowing money to fix the state’s roads and bridges remained heated. Lawmakers adjourned after midnight following a long day of votes on more than 30 bills vetoed by Republican Gov. Paul LePage, who has rejected more […]
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Dems push LePage on bonds, say they will advance new borrowing in fall
Editor’s note: This story was updated with new information on Wednesday, July 3 at 11:36 a.m. AUGUSTA — Democratic leaders in the Legislature on Tuesday said they would push forward a new borrowing package aimed at creating jobs and improving infrastructure around the state. There was no estimate on the size of a new state […]
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Maine lawmakers to consider bonds this fall
AUGUSTA (AP) — Maine lawmakers plan to return to the Capitol this fall to consider bond proposals. The Democratic-led Legislature is set to adjourn this month. But the Democratic leadership said on Tuesday that they will return this fall to take up bond proposals, instead of waiting until January. The date of their return is […]