The Maine Job Development Program Bond Issue, also known as Question 4, was on the November 3, 1987 ballot in Maine as a legislatively-referred bond question, where it was defeated.The measure would have created the Maine Job Development Fund and issued $6 million in bonds to fund it. The fund would have been used to make loans incentives to meet economic development needs.
| Maine Question 4 (1987)|
|Yes|| 129,433|| 33.98%|
Election results via: Maine State Law and Legislative Reference Library, Votes on Maine Bond Issues, 1951-
Text of measure
The language appeared on the ballot as:
Shall the State create the Maine Job Development Program to be funded with a $6,000,000 bond issue?
Media editorial positions
Should the state go into debt for $7 million or more (with interest) on the change that it might create jobs, when the private sector already has a worker shortage that is expected to worse and continue into the 1990s? The answer, clearly, is NO.
Is the bond mechanism the proper way to fund such a project if it is necessary? The answer, again, is NO.
—Bangor Daily News Editorial
- ↑ Maine State Law and Legislative Reference Library, "Votes on Maine Bond Issues, 1951-," accessed April 25, 2014
- ↑ Bangor Daily News, "State of Maine Special Election November 3, 1987: Important Notice to All Voters of the State of Maine," October 27, 1987
- ↑ 3.0 3.1 Laws of the State of Maine as Passed by the One Hundred and Thirteenth Legislature, "Public Laws, Chapter 441," accessed April 25, 2014
- ↑ 4.0 4.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
- ↑ Bangor Daily News, "Editorials," October 27, 1987