The Legislature recently approved $95 million in transportation, research and development, education, clean water and Land for Maine's Future bonds. Before the bonds are sent to voters in November, they must be approved by Gov. Paul LePage, who initially rejected the prospect of a bonds package.
The bonds package was passed before Moody's Investor Services' downgrading of Maine's general obligation bonds from stable to negative — a move prompted by Medicaid spending and low reserves.
As of press time, LePage had taken no action on the bonds, which were approved by two-thirds of the lawmakers present. A two-thirds vote of the entire Legislature would be needed to override a LePage veto on one or more of the bonds.
Below is a breakdown of bond packages:
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