Read the State Legislative Tracker. New edition available now!

Maine Public Lands and Easements, Question 7 (1999)

From Ballotpedia
Jump to: navigation, search
Voting on Forests and Parks
Forests and parks.jpg
Ballot Measures
By state
By year
Not on ballot
Maine
LawsHistory
List of measures

The Maine Public Lands and Easements Bond Issue, also known as Question 7, was on the November 2, 1999 ballot in Maine as a legislatively-referred bond question, where it was approved.[1] The measure issued $50 million in bonds to purchase public lands and easements statewide for conservation, water access, outdoor recreation, hunting and fishing, wildlife and fish habitat and farmland preservation. The funds were to be matched by $25 million in private and public contributions.[2]

Election results

Maine Question 7 (1999)
ResultVotesPercentage
Approveda Yes 282,512 68.67%
No128,87231.33%

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:[2]

Question 7: Bond Issue

Do you favor a $50,000,000 bond issue to purchase public lands and easements statewide from willing sellers for conservation, water access, outdoor recreation, including hunting and fishing, wildlife and fish habitat and farmland preservation, to be matched by $25,000,000 in private and public contributions? [3]

Summary

The following description of the intent and content of this measure was given in the Citizen's Guide to the Referendum Election:

This Act would authorize the State to issue bonds in an amount not to exceed $50,000,000 to raise funds for conservation, water access, outdoor recreation, wildlife and fish habitat and farmland preservation. The bonds must be matched with at least $25,000,000 in public and private contributions. The bonds would run for a period of not longer than 20 years from the date of issue and would be backed by the full faith and credit of the State.

The proceeds from the sale of the bonds, would be expended by the State Planning Office for conservation, water access, outdoor recreation, wildlife and fish habitat and farmland preservation.

If approved, the bond authorization would take effect 30 days after the Governor's proclamation of the vote.

A statement of the Treasurer describing the financial considerations of this bond issue is published together with this statement.

A "YES" vote approves the authorization of a $50,000,000 bond issue for conservation, water access, outdoor recreation, wildlife and fish habitat and farmland preservation.

A "NO" vote disapproves the bond issue. [3]

—Maine Secretary of State, [2]

Fiscal impact

The estimated interest on the bonds at 5 percent over 20 years was $26,250,000, for a total estimated life time cost of $$76,250,000.[2]

See also

BP-Initials-UPDATED.png
Suggest a link

External links

References