Maine Marine Businesses Bond Issue, Question 7 (2014)

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Question 7
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Type:Bond issue
Referred by:Maine Legislature
Topic:Bonds
Status:On the ballot
2014 measures
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November 4
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The Maine Marine Businesses Bond Issue, Question 7 is on the November 4, 2014 ballot in Maine as a legislatively-referred bond question. If approved, the measure would issue $7 million in bonds to facilitate growth of marine businesses.[1]

Text of measure

Ballot title

The language will appear on the ballot as:[1]

Question 7: Bond Issue

Do you favor a $7,000,000 bond issue to facilitate the growth of marine businesses and commercial enterprises that create jobs and improve the sustainability of the State’s marine economy and related industries through capital investments, to be matched by at least $7,000,000 in private and other funds?”[2]

Background

The election that will take place in Maine on November 4, 2014, is known as a referendum election. According to the Maine Bureau of Corporations, Elections and Commissions, "Referendum Elections are held to provide Maine’s citizens an opportunity to vote on People’s Veto Referenda, Direct Initiatives of Legislation (i.e. Citizen Initiatives), Bond Issues, other referenda proposed by the Legislature, and Constitutional Amendments. Referendum elections are an important part of the heritage of public participation in Maine."[3]

Path to the ballot

See also: Legislatively-referred state statute

According to Article IX, Section 14 of the Maine Constitution, a two-thirds vote in both chambers of the Maine Legislature was required to put bond issues before voters.

See also

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References