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Maine Question 2, Bond Issue to Fund Biomedical and Marine Research Measure (2001)

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Maine Question 2

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Election date

November 6, 2001

Topic
Bond issues and Healthcare facility funding
Status

ApprovedApproved

Type
Bond issue
Origin

State legislature



Maine Question 2 was on the ballot as a bond issue in Maine on November 6, 2001. It was approved.

A "yes" vote supported issuing $5 million in bonds, to be distributed as follows: 

  • $1 million to the Maine Marine Research Fund; and 
  • $4 million to the Maine Biomedical Research Fund. 

A "no" vote opposed issuing $5 million in bonds.


Election results

Maine Question 2

Result Votes Percentage

Approved Yes

113,538 52.48%
No 102,820 47.52%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Question 2 was as follows:

Do you favor a $5,000,000 bond issue for biomedical and marine research and development by Maine-based nonprofit and state research institutions?

Full Text

The full text of this measure is available here.


Path to the ballot

In Maine, voter approval is required for state bond issues that exceed $2 million, with exceptions to bonds for the purpose of suppressing insurrection, repelling invasion, or for purposes of war, as well as for temporary loans paid out of money raised by taxation during the fiscal year which they are made, or for loans to be paid within 12 months with federal transportation funds.

A two thirds majority (66.67%) vote is required during one legislative session for the Maine State Legislature to place a bond issue on the ballot. That amounts to a minimum of 101 votes in the Maine House of Representatives and 24 votes in the Maine State Senate, assuming no vacancies. State bond issues require the governor's signature to be referred to the ballot.

See also


External links

Footnotes