Maine Water Pollution Abatement Interest Repeal, Referendum Question No. 4 (1970)
The Maine Water Pollution Abatement Interest Repeal Bond Issue, also known as Referendum Question No. 4, was on the November 3, 1970 ballot in Maine as a legislatively-referred bond question, where it was approved. The measure repealed the interest limit on unissued bonds for water pollution abatement.
According to the Attorney General's explanatory statement on the measure, there was an unissued balance of $16,000,000 in bonds authorized by the voters on November 3, 1964. Those bonds were authorized to provide for state grants in the construction and equipment of pollution abatement facilities. It was unlikely that the bonds could be sold at their limited interest rate of six percent. This measure removed that interest limitation making the bonds more marketable.
|Maine Referendum Question No. 4 (1970)|
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:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
"Shall 'An Act Repealing the Interest on Unissued Bonds for Water Pollution Abatement,' as passed by the 104th Legislature in Special Session, be approved?"
- Maine Pollution Abatement Facilities, Referendum Question (1964)
- Maine Pollution Abatement Facilities, Referendum Question No. 8 (1969)
- Maine Pollution Abatement Facilities, Referendum Question No. 1 (1977)
- Maine 1970 ballot measures
- 1970 ballot measures
- List of Maine ballot measures
- History of Initiative & Referendum in Maine
- Lewiston Daily Sun, "Specimen Ballot," October 27, 1970
- Maine State Law and Legislative Reference Library, Votes on Maine Bond Issues, 1951-
- National Conference of State Legislatures, State Ballot Measures Database
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