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Maine Question 4, Bond Issue for the School Revolving Renovation Fund Measure (2001)
| Maine Question 4 | |
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| Topic Bond issues and Public education funding |
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| Type Bond issue |
Origin |
Maine Question 4 was on the ballot as a bond issue in Maine on November 6, 2001. It was approved.
A "yes" vote supported issuing $15 million in bonds, the revenue of which would be placed in the State's School Revolving Renovation Fund for repairs and improvements to public school facilities. |
A "no" vote opposed issuing $15 million in bonds, the revenue of which would be placed in the State's School Revolving Renovation Fund for repairs and improvements to public school facilities. |
Election results
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Maine Question 4 |
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| Result | Votes | Percentage | ||
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149,580 | 68.60% | ||
| No | 68,471 | 31.40% | ||
Text of measure
Ballot title
The ballot title for Question 4 was as follows:
| “ | Do you favor a $15,000,000 bond issue to capitalize the State's School Revolving Renovation Fund for repairs and improvements in public school facilities to address health, safety and compliance deficiencies, general renovation needs and learning space upgrades? | ” |
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
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