An Act to Authorize a General Fund Bond Issue to Establish the School Energy Savings Revolving Loan Fund

This bill proposes a $10,000,000 bond issue to create the School Energy Savings Revolving Loan Fund. If approved by voters, this fund would provide low-interest loans to Maine schools for projects that improve energy efficiency, such as equipment upgrades, insulation, and clean energy systems. The Department of Education would manage the fund and loans, which could range from $50,000 to $1,000,000.

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