Maine Gov. LePage signs 2 bond proposals

AUGUSTA, Maine (AP) — Maine Gov. Paul LePage has signed two bond proposals for medical research, sending the measures to voters this November.

The $13 million in bonds approved by the governor is part of a $50 million borrowing package lawmakers passed as they wrapped up the session earlier this month.

On Monday, LePage signed a $10 million bill that's designed to support research for cancer cures. The bond would spur an $11 million match from the federal government.

LePage also signed a $3 million bond bill last week for the Mount Desert Island Biological Laboratory, a non-profit biomedical research institution.

Four other bond proposals await action from the governor. Among them is a $12 million proposal to support financing programs that provide capital for small businesses.

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