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May 1, 2014

Voters to consider $7M bond for marine economy

Voters will consider a $7 million bond this fall that aims to grow the marine economy, create new jobs and keep seafood production within the state.

The bond measure became law without Gov. Paul LePage’s signature this week, according to a press release. It was sponsored by Senate Majority Leader Troy Jackson, D-Allagash.

If approved, the bond would provide the state $7 million in funds to invest in its seafood and lobster-processing capacity. The increased capacity would seek to keep processing in the state and prevent future situations where the exportation of lobster is blocked across borders, which happened with New Brunswick fishermen in 2012, according to the release.

“Lobster is an important natural resource for our state and the industry has had it tough,” Jackson said in a prepared statement. “I’m tired of seeing lobster and lumber leave the state for processing in Canada when Maine businesses deserve a fair shot to do it here at home. This is a good step towards ensuring seafood production in Maine.”

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