An Act To Authorize A General Fund Bond Issue To Develop Maine Talent And Innovation By Improving The Infrastructure Of The University Of Maine System

LD 1014 authorizes Maine to issue $100 million in general obligation bonds to fund infrastructure improvements at all University of Maine System campuses. The funds would support renovations and replacements of classrooms, residence halls, research laboratories, and other essential facilities to enhance education, research, and economic development. Private and other funds must match the state's investment, with projects aligned to the university system's capital and strategic plans. The bond measure requires voter approval via a statewide referendum.