Maine Student Loan Debt Relief Bond Issue (June 2018)
| Maine Student Loan Debt Relief Bond Issue | |
|---|---|
 | |
| Election date June 2018 | |
| Topic Bond issues and Education | |
| Status Not on the ballot | |
| Type Bond issue | Origin State Legislature |
The Maine Student Loan Debt Relief Bond Issue was not on the ballot in Maine as a legislatively referred bond question in June 2018.
The measure would have issued $40 million in bonds to establish the Maine Student Loan Debt Relief Fund. The funds would have been used to pay off the student debt of individuals who agreed to work and reside in Maine for five years. The funds would also have been used to reimburse employers who made payments on behalf of their employees who agreed to work and reside in the state for five years.[1]
Text of measure
Ballot title
The ballot title was as follows:[1]
| “ | Do you favor a $40,000,000 bond issue to provide funds for payment of student loan debt of individuals who agree to work and reside in Maine for 5 years and for reimbursement of employers that make student loan repayments on behalf of such individuals?[2] | ” |
Full text
The full text of the bill can be accessed here.
Background
- See also: Bond issues on the ballot
The following table contains information on the 33 bond issues that appeared on the ballot in Maine between 2007 and 2017:
| Year | Measure | Amount | Primary purpose | Outcome |
|---|---|---|---|---|
| 2007 (June) | Question 1 | $112,975,000 | Transportation projects |  |
| 2007 (June) | Question 2 | $18,300,000 | Water facilities | |
| 2007 | Question 2 | $55,000,000 | Economic development | |
| 2007 | Question 3 | $43,500,000 | Higher education | |
| 2007 | Question 4 | $35,500,000 | Environmental conservation and recreation | |
| 2008 (June) | Question 1 | $29,725,000 | Water facilities and transportation projects | |
| 2008 | Question 3 | $3,400,000 | Water facilities | |
| 2009 | Question 6 | $71,250,000 | Transportation projects | |
| 2010 (June) | Question 2 | $26,500,000 | Energy projects and higher education | |
| 2010 (June) | Question 3 | $47,800,000 | Transportation projects | |
| 2010 (June) | Question 4 | $23,750,000 | Economic development | |
| 2010 (June) | Question 5 | $10,250,000 | Water facilities | |
| 2010 | Question 2 | $5,000,000 | Healthcare services | |
| 2010 | Question 3 | $9,750,000 | Environmental conservation and recreation | |
| 2012 | Question 2 | $11,300,000 | Higher education |  |
| 2012 | Question 3 | $5,000,000 | Environmental conservation and recreation | |
| 2012 | Question 4 | $51,500,000 | Transportation projects | |
| 2012 | Question 5 | $7,925,000 | Water facilities | |
| 2013 | Question 1 | $14,000,000 | Military facilities | |
| 2013 | Question 2 | $15,500,000 | Higher education | |
| 2013 | Question 3 | $100,000,000 | Transportation projects | |
| 2013 | Question 4 | $4,500,000 | Higher education | |
| 2013 | Question 5 | $15,500,000 | Higher education | |
| 2014 | Question 2 | $8,000,000 | Agricultural research | |
| 2014 | Question 3 | $12,000,000 | Economic development | |
| 2014 | Question 4 | $10,000,000 | Healthcare research | |
| 2014 | Question 5 | $3,000,000 | Healthcare research | |
| 2014 | Question 6 | $10,000,000 | Water facilities and environmental conservation | |
| 2014 | Question 7 | $7,000,000 | Economic development | |
| 2015 | Question 2 | $15,000,000 | Housing projects | |
| 2015 | Question 3 | $85,000,000 | Transportation projects | |
| 2016 | Question 6 | $100,000,000 | Transportation projects | |
| 2017 | Question 1 | $105,000,000 | Economic development | |
Path to the ballot
- See also: Legislatively-referred state statute
Section 14 of Article IX of the Maine Constitution requires that state bonds exceeding $2 million be referred to the ballot for voter approval. A two-thirds vote in both chambers of the Maine Legislature is required to put bond issues before voters.
The bond issue was introduced into the Maine State Legislature as Legislative Document 1163 in 2017. On August 2, 2017, the Maine House of Representatives selected to carry the bill over to the 2018 legislative session. The bill was not approved during the 2018 legislative session.[3]
See also
External links
Footnotes
- ↑ 1.0 1.1 Maine Legislature, "Legislative Document 1163," accessed July 31, 2017
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Maine Legislature, "LD 1163 Actions," accessed July 20, 2017
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