Maine Legislative Power to Issue Bonds, Proposed Constitutional Amendment No. 3 (1950)
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The Maine Legislative Power to Issue Bonds, also known as Proposed Constitutional Amendment No. 3, was on the September 11, 1950 ballot in Maine as a legislatively referred constitutional amendment, where it was approved.[1][2] The measure allowed the legislature to issue bonds that exceed the state limit of $2 million if two-thirds of both houses deem it necessary. This amended Section 14 of Article IX of the Maine Constitution.[3]
Election results
| Maine Proposed Constitutional Amendment No. 3 (1950) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 112,035 | 71.74% | ||
| No | 44,124 | 28.26% | ||
Election results via: Maine State Law and Legislative Reference Library, Proposed Constitutional Amendments 1820-
Text of measure
The language appeared on the ballot as:[2]
| “ |
"Shall the constitution be amended as proposed by a resolution of the legislature to empower the legislature with the consent of the people to authorize the issuance of state bonds for any purpose stated in the constitution?" [4] |
” |
Constitutional changes
The full text of the constitutional changes made by this measure can be read here.
Similar measures
The state debt limit had been raised by two prior legislatively referred constitutional amendments to reach the $2 million limit at the time of the passage of this measure.
- Maine State Debt Limit Increase, Amendment No. 4 (1919)
- Maine State Debt Limit Increase, Amendment No. 2 (1934)
See also
- Maine 1950 ballot measures
- 1950 ballot measures
- List of Maine ballot measures
- History of Initiative & Referendum in Maine
External links
- The Lewiston Daily Sun, "List of Questions," September 8, 1950
- Maine State Law and Legislative Reference Library, Proposed Constitutional Amendments 1820-
- National Conference of State Legislatures, State Ballot Measures Database
Footnotes
- ↑ Maine State Law and Legislative Reference Library, "Proposed Constitutional Amendments 1820-," accessed April 7, 2014
- ↑ 2.0 2.1 The Lewiston Daily Sun, "List of Questions," September 8, 1950
- ↑ Resolves of the State of Maine Passed by the Ninety-fourth Legislature 1949, "Chapter 99," accessed April 18, 2014
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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