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. 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.
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.
| Maine Proposed Constitutional Amendment No. 3 (1981)|
| Yes|| 143,962|| 64.19%|
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:
"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?"
The full text of the constitutional changes made by this measure can be read here.
- ↑ 1.0 1.1 Maine State Law and Legislative Reference Library, "Proposed Constitutional Amendments 1820-," accessed April 23, 2014
- ↑ 2.0 2.1 The Lewiston Journal, "State of Maine Special Election November 3, 1981: Important Notice to All Voters of the State of Maine," October 27, 1981
- ↑ Constitutional Resolutions of the State of Maine as Passed at the First Regular Session of the One Hundred and Tenth Legislature, 1981, "Chapter 3," accessed April 23, 2014
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.