Maine Legislative Power to Issue Bonds, Proposed Constitutional Amendment No. 3 (1950)

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The Maine Legislative Power to Issue Bonds, also known as Proposed Constitutional Amendment No. 3, was on the September 11, 1950 ballot in Maine as a legislatively-referred constitutional amendment, where it was approved.[1][2] The measure allowed the legislature to issue bonds that exceed the state limit of $2 million if two-thirds of both houses deem it necessary. This amended Section 14 of Article IX of the Maine Constitution.[3]

Election results

Maine Proposed Constitutional Amendment No. 3 (1950)
ResultVotesPercentage
Approveda Yes 112,035 71.74%
No44,12428.26%

Election results via: Maine State Law and Legislative Reference Library, Proposed Constitutional Amendments 1820-

Text of measure

See also: Maine Constitution, Article IX, Section 14

The language appeared on the ballot as:[2]

PROPOSED CONSTITUTIONAL AMENDMENT NO. 3

"Shall the constitution be amended as proposed by a resolution of the legislature to empower the legislature with the consent of the people to authorize the issuance of state bonds for any purpose stated in the constitution?" [4]

Constitutional changes

The full text of the constitutional changes made by this measure can be read here.

Similar measures

The state debt limit had been raised by two prior legislatively-referred constitutional amendments to reach the $2 million limit at the time of the passage of this measure.

See also

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