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Maine State Insured Mortgage Loans, Question No. 9 (1990)

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The Maine State Insured Mortgage Loans Referendum, also known as Question No. 9, was on the November 6, 1990 ballot in Maine as a legislatively-referred bond question, where it was defeated.[1] The measure would have used state credit to insure the payment of mortgage loans for the purpose of encouraging the acquisition, construction, repair or remodeling of housing.[2]

Background

One year earlier, Maine voters rejected a somewhat similar measure, the Maine State Insured Mortgage Loans for Affordable Housing, Question 12 (1989).[1]

Election results

Maine Question No. 9 (1990)
ResultVotesPercentage
Defeatedd No250,34651.44%
Yes 236,348 48.56%

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

Text of measure

The language appeared on the ballot as:[3]

Shall the Constitution of Maine be amended as proposed by a resolution of the Legislature to insure payment of mortgage loans for the purpose of encouraging the acquisition, construction, repair or remodeling of housing for Maine citizens? [4]

Media editorial positions

  • Bangor Daily News said,

Question 9 may be a casualty of its position on the ballot, last. It also may be done in by voters who remember an almost identical question they shot down on the 1989 referendum ballot. But, what ultimately should send it down to defeat is its vagueness. [...]

Who will benefit from the program? No one can say, with assurance. What types of properties would qualify? Again, no hard answers. The rules and procedures for the program haven't been established. The eventual exposure of the state also is an unknown, but it wouldn't exceed $15 million. [4]

—Bangor Daily News Editorial Staff, [3]

Similar measures

See also

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References

  1. 1.0 1.1 Maine State Law and Legislative Reference Library, "Proposed Constitutional Amendments 1820-," accessed April 28, 2014
  2. Bangor Daily News, "NO on 9," November 1, 1990
  3. Cite error: Invalid <ref> tag; no text was provided for refs named Bangor
  4. 4.0 4.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.