| | Constitutional amendment. Resolved: Two thirds of each branch of the | Legislature concurring, that the following amendment to the | Constitution of Maine be proposed: |
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| | Constitution, Art. IX, §14-E is enacted to read: |
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| | Section 14-E.__Reserve funds.__The Legislature may create | reserve funds to provide for capital improvements, to fulfill | long-range goals or to meet fiscal contingencies of State | Government.__When carried over from one Legislature to another, a | reserve fund protected by this section may not be spent for any | purpose other than that for which the fund was expressly created | unless such later purpose is approved by a vote of 3/5 of both | Houses. |
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| | Constitutional referendum procedure; form of question; effective date. Resolved: | That the municipal officers of this State shall notify the | inhabitants of their respective cities, towns and plantations to | meet, in the manner prescribed by law for holding a statewide | election, at a statewide election, on the Tuesday following the | first Monday of November following the passage of this | resolution, to vote upon the ratification of the amendment | proposed in this resolution by voting upon the following | question: |
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| "Do you favor amending the Constitution of Maine to permit | the Legislature to create reserve funds to provide for | capital improvements, to fulfill long-range goals or to meet | fiscal contingencies of State Government?" |
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| | The legal voters of each city, town and plantation shall vote | by ballot on this question and designate their choice by a cross | or check mark placed within the corresponding square below the | word "Yes" or "No." The ballots must be received, sorted, | counted and declared in open ward, town and plantation meetings | and returns made to the Secretary of State in the same manner as | votes for members of the Legislature. The Governor shall review | the returns and, if it appears that a majority of the legal votes | are cast in favor of the amendment, the Governor shall proclaim | that fact without delay and the amendment becomes part of the | Constitution on the date of the proclamation; and be it further |
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| | Secretary of State shall prepare ballots. Resolved: That the Secretary of | State shall prepare and furnish to each city, town and plantation | all ballots, returns and copies of this resolution necessary to | carry out the purpose of this referendum. |
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