2007 Legislative Document (House) 718 (To Authorize a General Fund Bond Issue To Stimulate the Midcoast Economy)

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• Introduced by Rep. Stan Gerzofsky on February 13, 2007, the funds provided by this bond issue, in the amount of $20,000,000, are to be used for economic stimulation to the midcoast area of Maine for infrastructure improvement and property acquisition directly related to economic development and job growth, to help businesses and landlords through the transition period of the decommissioning of Brunswick Naval Air Station, to provide funding for the expansion of existing business, to provide venture capital for start-ups and expansion of existing businesses, to fund research and development projects in the midcoast area by the Maine Technology Institute and to improve the rail and highway infrastructures.
  • Referred to the Appropriations and Financial Affairs Committee on February 13, 2007.
• Passed in the House by voice vote on February 13, 2007.
• Received in the Senate on February 13, 2007.
• Failed in the Senate by voice vote on April 4, 2007, the senate/or house decided against further actions and the bill is dead.

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Introduced by Rep. Stan Gerzofsky on February 13, 2007. Passed in the House by voice vote on February 13, 2007. New Comment