Maine State Debt Limit Increase, Amendment No. 2 (1934)

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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.[1] The measure increased the state debt limit from $800,000 to $2 million.[2] This amended Section 14 of Article IX of the Maine Constitution.[3]

Aftermath

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.

Election results

Maine Amendment No. 2 (1934)
ResultVotesPercentage
Approveda Yes 117,046 56.12%
No91,51543.88%

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

Text of measure

See also: Maine Constitution, Article IX, Section 14

The full text of the ballot language can be read here.

Constitutional changes

The full text of the constitutional changes can be read here.

Similar measures

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.

See also

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External links

References


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