Maine State Debt Limit Increase, Amendment No. 2 (1934)
The Maine State Debt Limit Increase Referendum, also known as Amendment No. 2, was on the September 10, 1934 ballot in Maine as a legislatively-referred constitutional amendment, where it was approved. The measure increased the state debt limit from $800,000 to $2 million. This amended Section 14 of Article IX of the Maine Constitution.
In 1950, the legislature was empowered to exceed the $2 million dollar limit if both houses voted by at least two-thirds to approve the increase in bonds.
|Maine Amendment No. 2 (1934)|
Text of measure
The full text of the ballot language can be read here.
The full text of the constitutional changes can be read here.
The debt limit was raised from $300,000 to $800,000 in 1919.
In 1950, the legislature was empowered to exceed the $2 million debt limit when both houses approve by at least two-thirds.
- Maine 1934 ballot measures
- 1934 ballot measures
- List of Maine ballot measures
- History of Initiative & Referendum in Maine
- Lewiston Daily Sun, "List of Questions," September 8, 1934
- Main State Law and Legislative Reference Library, Proposed Constitutional Amendments 1820-
- National Conference of State Legislatures, State Ballot Measures Database
State of Maine
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