Maine Question 4, Economic Development and Job Creation Bond Measure (June 2010)
| Maine Question 4 | |
|---|---|
|
|
|
| Election date |
|
| Topic Bond issues and Public economic investment policy |
|
| Status |
|
| Type Bond issue |
Origin |
Maine Question 4 was on the ballot as a bond issue in Maine on June 8, 2010. It was approved.
A "yes" vote supported authorizing a $23.75 million bond issue to boost economic development and job creation through investments in communities, historic properties, small businesses, research, food processing industries, and redevelopment at Brunswick Naval Air Station. |
A "no" vote opposed authorizing a $23.75 million bond issue to boost economic development and job creation through investments in communities, historic properties, small businesses, research, food processing industries, and redevelopment at Brunswick Naval Air Station. |
Election results
|
Maine Question 4 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
159,084 | 50.61% | ||
| No | 155,224 | 49.39% | ||
Text of measure
Ballot title
The ballot title for Question 4 was as follows:
| “ | Do you favor a $23,750,000 bond issue to provide capital investment to stimulate economic development and job creation by making investments under the Communities for Maine's Future Program and in historic properties; providing funding for research and development investments awarded through a competitive process; providing funds for disbursements to qualifying small businesses; and providing grants for food processing for fishing, agricultural, dairy and lumbering businesses within the State and redevelopment projects at the Brunswick Naval Air Station that will make the State eligible for over $39,000,000 in federal and other matching funds? | ” |
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
 |
State of Maine Augusta (capital) |
|---|---|
| Elections |
What's on my ballot? | Elections in 2025 | How to vote | How to run for office | Ballot measures |
| Government |
Who represents me? | U.S. President | U.S. Congress | Federal courts | State executives | State legislature | State and local courts | Counties | Cities | School districts | Public policy |
