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LD 826·ME·senate

An Act To Authorize A General Fund Bond Issue To Establish The School Energy Savings Revolving Loan Fund

FailedFiled Mar 4, 2025
Sponsor: Teresa PIERCE
Latest Action

Died in Possession of the Committee Upon Conclusion of the 132nd Legislature and PLACED IN THE LEGISLATIVE FILES (DEAD).

Apr 29, 2026

Summary

The bill would let Maine issue up to $10 million in general‑fund bonds, with the proceeds placed in a new School Energy Savings Revolving Loan Fund. The fund, run by the Department of Education, would lend money to school districts for upgrades that improve energy use and indoor air quality. Voters must approve the bond in a statewide referendum before any money is issued.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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