An Act To Authorize A General Fund Bond Issue To Replenish The Land For Maine'S Future Program

LD 362 authorizes Maine to issue $50 million in general obligation bonds to replenish the Land for Maine's Future Program. The funds must be used by the Land for Maine's Future Board to acquire land for conservation, water access, wildlife habitats, outdoor recreation (including hunting and fishing), working farmland, and waterfront preservation. The bond issue requires voter approval in a statewide election, with proceeds to be spent within 10 years or returned to pay off other state bonds. If approved, the bonds would provide a one-time funding boost to support ongoing land conservation efforts across the state.