Maine Temporary State Loans, Proposed Constitutional Amendment No. 5 (1967)

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The Maine Temporary State Loans Referendum, also known as Proposed Constitutional Amendment No. 5, was on the November 7, 1967 ballot in Maine as a legislatively referred constitutional amendment, where it was approved. The measure allowed the Legislature to create debts exceeding $2 million for temporary loans to be paid out of money raised by taxation during the fiscal year which they are made. It placed limitations on these loans by dictating that the amount could not exceed 10 percent of all the moneys appropriated, authorized and allocated by the Legislature from undedicated revenues to the General Fund and dedicated revenues to the Highway Fund.

Election results

Maine Proposed Constitutional Amendment No. 5 (1967)
Result		Votes	Percentage
a Yes		45,086	58.54%
No		31,930	41.46%

Election results via: Maine State Law and Legislative Reference Library, Proposed Constitutional Amendments 1820-

Text of measures

The language appeared on the ballot as:

“

PROPOSED CONSTITUTIONAL AMENDMENT NO. 5 "Shall the Constitution be amended as proposed by a resolution of the Legislature Relating to Temporary Loans in Anticipation of State Tax Revenues and Limitations Thereon?"

”

See also

Suggest a link

• Maine 1967 ballot measures
• 1967 ballot measures
• List of Maine ballot measures
• History of Initiative & Referendum in Maine

External links

• Lewiston Daily Sun, "Specimen Ballot," October 31, 1967
• Maine State Law and Legislative Reference Library, Proposed Constitutional Amendments 1820-
• National Conference of State Legislatures, State Ballot Measures Database