Maine Technology Sector Bond Act, Question 2 (2007)
It authorizes sale of a $55,000,000 bond issue. The money raised through the bond would be earmarked for "economic development and job creation" specifically through funding "targeted technology sectors." Funds would go to private corporations after a competitive process administered by the Maine Technology Institute.
The bond issue passed with (51%) votes in favor and (49%) votes against.
|Maine Question 2 (2007)|
According to the National Taxpayers Union, "Question 2 would issue $50 million in "technology sector" bonds, and put up $5 million in loans and grants for research and development initiatives."
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- 2007 Maine Ballot Questions Election Results
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