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Maine Question 6, Job Growth in Agriculture and Small Businesses Bond Measure (1996)
| Maine Question 6 | |
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| Election date |
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| Topic Agriculture policy and Bond issues |
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| Status |
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| Type Bond issue |
Origin |
Maine Question 6 was on the ballot as a bond issue in Maine on November 5, 1996. It was approved.
A "yes" vote supported issuing $11 million in bonds to encourage job growth and economic viability through capital access for agriculture and small business enterprises. |
A "no" vote opposed issuing $11 million in bonds to encourage job growth and economic viability through capital access for agriculture and small business enterprises. |
Election results
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Maine Question 6 |
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| Result | Votes | Percentage | ||
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370,978 | 64.70% | ||
| No | 202,432 | 35.30% | ||
Text of measure
Ballot title
The ballot title for Question 6 was as follows:
| “ | Do you favor a $11,000,000 bond issue to encourage job growth and economic vitality by providing access to capital for agricultural enterprises and small businesses with a significant potential for growth and job creation? | ” |
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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