Maine State Guaranteed Loans for Veteran Housing, Proposed Constitutional Amendment No. 2 (1972)
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The Maine State Guaranteed Loans for Veteran Housing, also known as Proposed Constitutional Amendment No. 2, was on the November 7, 1972 ballot in Maine as a legislatively referred constitutional amendment, where it was approved.[1] The measure pledge the credit of the state for the guaranteeing of loans for resident veterans.[2]
Aftermath
In 1976, the bond issuing limit for loans for veteran's housing was increased from $2 million to $4 million.[1] In 1977, voters approved a bond issue of $2.1 million for the construction of a Maine Veterans Home.[3] In 1984, a legislatively referred constitutional amendment empowered the legislature to determine what share of a mortgage loan may be insured by the state under the Maine Veterans Loan Guarantee Program. It also allowed for the extension of the program to include loans to any business owned in whole or in part by a resident Maine veteran.[1][4][5]
Election results
| Maine Proposed Constitutional Amendment No. 2 (1972) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 292,405 | 78.18% | ||
| No | 81,629 | 21.82% | ||
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 Pledging Credit of the State for Guaranteed Loans to Resident Maine Veterans of the Armed Forces of the United States of America?" [6] |
” |
Similar measures
- Maine State Guaranteed Loans for Native American Housing, Proposed Constitutional Amendment No. 1 (1972)
- Maine Veterans' Mortgage Loans and School Building Authority Bond Issue Adjustments (1976)
- Maine Veterans Home, Referendum Question No. 8 (1977)
- Maine Extend Veterans Loan Guarantee Program to Businesses, Constitutional Amendment 7 (1984)
See also
- Maine 1972 ballot measures
- 1972 ballot measures
- List of Maine ballot measures
- History of Initiative & Referendum in Maine
External links
- Lewiston Daily Sun, "Specimen Ballot," October 31, 1972
- Maine State Law and Legislative Reference Library, Proposed Constitutional Amendments 1820-
- National Conference of State Legislatures, State Ballot Measures Database
Footnotes
- ↑ 1.0 1.1 1.2 Maine State Law and Legislative Reference Library, "Proposed Constitutional Amendments 1820-," accessed April 16, 2014
- ↑ 2.0 2.1 Lewiston Daily Sun, "Specimen Ballot," October 31, 1972
- ↑ 'Maine State Law and Legislative Reference Library, "Votes on Maine Bond Issues, 1951-," accessed April 17, 2014
- ↑ Bangor Daily News, "State of Maine Special Election November 6, 1984: Important Notice to All Voters of the State of Maine," October 30, 1984
- ↑ Constitutional Resolutions of the State of Maine as Passed at the Second Regular Session of the One Hundred and Eleventh Legislature, 1983, "Chapter 6," accessed April 24, 2014
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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