Maine School Building Authority Bond Issue Adjustment, Proposed Constitutional Amendment No. 3 (1981)

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The Maine School Building Authority Bond Issue Adjustment Referendum, also known as Proposed Constitutional Amendment No. 3, was on the November 3, 1981 ballot in Maine as a legislatively-referred constitutional amendment, where it was approved.[1] The measure decreased the bonding limit of the Maine School Building Authority from $10 million to $6 million. This amended Section 14-C of Article IX of the Maine Constitution.[2][3]

Background

The loans offered through the Maine School Buidling Authority were originally created in 1969 with a limit of $25 million. The bonding limit had been reduced from $25 million to $10 million in 1976.[1]

Election results

Maine Proposed Constitutional Amendment No. 3 (1981)
ResultVotesPercentage
Approveda Yes 143,962 64.19%
No80,30035.81%

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-C

The language appeared on the ballot as:[2]

"Shall the Constitution of Maine be amended as proposed by a resolution of the Legislature to decrease the bonding limit of the Maine School Building Authority from $10,000,000 to $6,000,000?" [4]

Constitutional changes

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

Similar measures

See also

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