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LD 434

An Act To Authorize The Maine Governmental Facilities Authority To Issue Additional Securities For The Replacement Of The Legislative Management System For The Senate And The House Of Representatives

132nd Legislature (2025-2026) Introduced by Billy Bob Faulkingham and 2 co-sponsors

Authorizes MGFA to issue up to $8,000,000 in debt to plan, purchase, customize, and implement a unified electronic legislative management system for Maine's Senate and House.

Signed by Governor
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Bill Summary · LD 434

Summary — LD 434 (132nd Maine Legislature)

Title: An Act To Authorize The Maine Governmental Facilities Authority To Issue Additional Securities For The Replacement Of The Legislative Management System For The Senate And The House Of Representatives

Status: Signed by Governor (July 1, 2025)
Introduced: February 4, 2025
Committee: State and Local Government (Sponsor noted in fiscal materials: Speaker Fecteau of Biddeford)

Purpose

LD 434 authorizes the Maine Governmental Facilities Authority (MGFA) to issue additional securities (debt) to fund the planning, purchase, customization and implementation of an integrated electronic legislative management system to replace the current system used by the Senate and House of Representatives.

Key provisions

  • Authorizes MGFA to issue additional securities in an amount not to exceed $8,000,000 outstanding at any one time for costs associated with replacing the legislative management system.
  • Specifies eligible uses: planning, purchasing, customizing and implementing an integrated electronic legislative management system for both chambers.
  • Does not specify exact bond term in the fiscal note; estimates use a 5.0% interest rate for illustrative purposes.
  • Approval of Committee Amendment “A” (H‑357) and subsequent engrossment are reflected in the legislative history (text of the amendment not provided in the fiscal note).

Fiscal impact

  • Fiscal estimate (preliminary and as engrossed): principal up to $8,000,000; estimated interest of $2,200,000 at 5.0%; total estimated cost $10,200,000.
  • The fiscal note indicates the General Fund will incur increased debt service costs, but the exact additional General Fund appropriation required depends on the timing and amount of securities actually issued and therefore cannot be precisely determined at this time.
  • Actual debt service and budgetary impact will depend on MGFA’s issuance schedule, bond terms and any financing structure chosen.

Who is affected

  • Primary beneficiaries: Maine Legislature (Senate and House) via a new integrated electronic legislative management system.
  • Fiscal responsibility/readily impacted: General Fund (for debt service appropriations), and ultimately Maine taxpayers because debt service obligations are borne by state resources.
  • MGFA: authority to issue and manage the securities.

Procedural timeline / actions

  • Referred to Committee on State and Local Government (Feb 4, 2025); work session and divided report in March.
  • Committee Amendment “A” (H‑357) adopted (June 2, 2025); bill passed both chambers in concurrence (early June 2025).
  • Removed from the Special Appropriations Table and passed to be enacted (June 25, 2025).
  • Signed by Governor on July 1, 2025.

Notes

  • LD 434 is an authorization to issue debt; it does not itself appropriate project funds or mandate a specific procurement schedule. Implementation, exact financing terms, and timing will be determined by MGFA and by subsequent budgetary actions for debt service.

Compiled from official sources — confirm details with the bill’s official record.

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