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Maine Technology Sector Bond Act, Question 2 (2007)

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Maine Question Two is a bond authorization question that appeared on Maine's November 6, 2007 general election ballot. The state legislature voted to place this issue before the state's voters.

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.

Election results

Maine Question 2 (2007)
ResultVotesPercentage
Approveda Yes 128,560 51%
No122,18449%

Taxpayer's perspective

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."

See also

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