Maine Regulation of Municipal Borrowing, Proposed Constitutional Amendment No. 1 (1973)

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The Maine Regulation of Municipal Borrowing Amendment was on the 1973 ballot in Maine, where it was approved. It was the 121st constitutional amendment added to the Maine Constitution.

The amendment was legislatively-referred to the ballot by the Maine Legislature.

  • In favor: 122,555
  • Opposed: 100,984

The amendment was about the state legislature regulating the borrowing practices of municipalities in the state.

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