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Maine Question 12, Allow the Legislature to Ensure Mortgage Loans Amendment (1989)

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Maine Question 12

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Election date

November 7, 1989

Topic
Housing assistance programs and Public economic investment policy
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment
Origin

State legislature



Maine Question 12 was on the ballot as a legislatively referred constitutional amendment in Maine on November 7, 1989. It was defeated.

A "yes" vote supported amending the constitution to allow the legislature to ensure payment of mortgage loans, up to $25 million in total at one time. 

A "no" vote opposed amending the constitution to allow the legislature to ensure payment of mortgage loans, up to $25 million in total at one time. 


Election results

Maine Question 12

Result Votes Percentage
Yes 112,090 49.31%

Defeated No

115,232 50.69%
Results are officially certified.
Source


Aftermath

Voters rejected a very similar measure the following year, Maine State Insured Mortgage Loans, Question No. 9 (1990), which would have used state credit to insure the payment of mortgage loans for the purpose of encouraging the acquisition, construction, repair or remodeling of housing.[1]

Text of measure

Ballot title

The ballot title for Question 12 was as follows:

Shall the Constitution of Maine be amended as proposed by a resolution of the Legislature to insure the payment of mortgage loans for affordable housing for Maine citizens, not to exceed $25,000,000 in the aggregate?

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Amending the Maine Constitution

A two-thirds majority (66.67%) vote is required during one legislative session for the Maine State Legislature to place a constitutional amendment 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. Amendments do not require the governor's signature to be referred to the ballot.

See also


External links

Footnotes