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Maine Question 9, Allow the Legislature to Ensure Mortgage Loans Amendment (1990)
Maine Question 9 | |
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Election date |
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Topic Housing assistance programs and Public economic investment policy |
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Status |
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Type Legislatively referred constitutional amendment |
Origin |
Maine Question 9 was on the ballot as a legislatively referred constitutional amendment in Maine on November 6, 1990. It was defeated.
A "yes" vote supported amending the constitution to allow the legislature to ensure payment of mortgage loans, up to $15 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 $15 million in total at one time. |
Election results
Maine Question 9 |
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Result | Votes | Percentage | ||
Yes | 236,348 | 48.56% | ||
250,346 | 51.44% |
Text of measure
Ballot title
The ballot title for Question 9 was as follows:
“ | Shall the Constitution of Maine be amended as proposed by a resolution of the Legislature to insure payment of mortgage loans for the purpose of encouraging the acquisition, construction, repair or remodeling of housing for Maine citizens? | ” |
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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State of Maine Augusta (capital) |
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