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MaineLD 821132nd Maine Legislature (2025-2026)HouseWALLET

An Act to Make Allocations from Maine Turnpike Authority Funds for the Maine Turnpike Authority for the Calendar Year Ending December 31, 2026

Sponsored By: Sponsor information unavailable

Signed by Governor

TURNPIKE AUTHORITYTURNPIKE AUTHORITY - BUDGET

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

Paying turnpike bonds and upgrades

The law assigns $132,277,074 in 2026 to meet bond payments and fund projects. It sends $44,392,528 to the Debt Service Fund and $42,000,000 to the Reserve Maintenance Fund. It applies $43,441,746 from the General Reserve Fund to capital improvements. It also assigns $2,442,800 to debt service under a special obligation bond resolution. This keeps debt current and supports turnpike upgrades.

Flexible budget moves and carryforward

The law lets the Authority move money between budget items before the year-end books close. General Contingency funds can be moved any time before closing. Other transfers need review by the Legislature’s transportation committee, with financial statements sent 30 days in advance. The committee can waive the 30-day wait for emergencies. Encumbered balances carry forward to the next year so committed work keeps its funding.

Turnpike operating budget for 2026

The law funds Maine Turnpike operations in 2026 with $58,939,550. Line items total $56,132,905. A General Contingency is set at 5% ($2,806,645) and may go up to 10% if needed. Money covers administration, maintenance, fare collection, public safety, and building upkeep for the calendar year ending December 31, 2026.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Signed by Governor

    5/1/2026

  2. PASSED TO BE ENACTED, in concurrence.

    5/21/2025Senate

  3. PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.

    5/20/2025House

  4. Report READ and ACCEPTED, in concurrence.READ ONCE.Committee Amendment "A" (H-105) 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-105), in concurrence.Ordered sent down forthwith.

    5/13/2025Senate

  5. CONSENT 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-105).Sent for concurrence. ORDERED SENT FORTHWITH.

    5/7/2025House

  6. Carried over, in the same posture, to the next special or regular session of the 132nd Legislature, pursuant to Joint Order SP 519.

    3/21/2025House

  7. Reported by Representative CRAFTS for the Maine Turnpike Authority pursuant to the Maine Revised Statutes, Title 23, section 1961, subsection 6.Received by the Clerk of the House on February 27, 2025.The Bill was REFERRED to the Committee on TRANSPORTATION pursuant to Joint Rule 308.2 and ordered printed.

    2/27/2025House

Bill Text

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