An Act to Increase the Debt Limit of the Boothbay Region Water District
Sponsored By: Holly Stover (Democratic)
Signed by Governor
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 0 benefits, 0 costs, 2 mixed.
Boothbay new $19M debt cap; voters decide changes
The law caps the Boothbay Region Water District’s total debt at $19,000,000. Trustees can ask voters to change the cap in a districtwide referendum. A change takes effect only if a majority of legal voters who cast ballots approve it. The district cannot owe more than the voter‑approved limit, and it pays the cost of the vote. A higher cap can fund big projects but could also raise future rates or fees.
Boothbay water borrowing and public notice
The district’s trustees can borrow money and issue bonds and notes. They may fund buying, fixing, and improving the Boothbay Harbor and East Boothbay systems, lay pipes and mains, and run the system. The trustees set the amounts, interest rates, and terms. When a single capital financing is $500,000 or more, the district publishes at least one notice in a newspaper that circulates in Boothbay Harbor and Boothbay. This notice does not cover refinancing or routine maintenance, and borrowing can raise future water rates or fees.
Sponsors & Cosponsors
Sponsor
Holly Stover
Democratic • House
Cosponsors
Cameron D. Reny
Democratic • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Signed by Governor, ACTPS Chapter 2
4/22/2025PASSED TO BE ENACTED, in concurrence.
4/17/2025SenatePASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.
4/15/2025HouseReport READ and ACCEPTED, in concurrence.READ ONCE.Committee Amendment "A" (H-39) READ and ADOPTED, in concurrence.Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (H-39), in concurrence.Ordered sent down forthwith.
4/10/2025SenateCONSENT CALENDAR - FIRST DAYUnder suspension of the rules CONSENT CALENDAR - SECOND DAY.The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment "A" (H-39).Sent for concurrence. ORDERED SENT FORTHWITH.
4/8/2025HouseCarried over, in the same posture, to the next special or regular session of the 132nd Legislature, pursuant to Joint Order SP 519.
3/21/2025HouseReceived by the Clerk of the House on January 30, 2025.The Bill was REFERRED to the Committee on ENERGY, UTILITIES AND TECHNOLOGY pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401.
1/30/2025House
Bill Text
Amendment C-A (H-39), adopted by House & Senate
Enacted
Introduced
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