LD 223
pg. 2
Page 1 of 2 RESOLUTION, Proposing an Amendment to the Constitution of Maine to Provide for ... LD 223 Title Page
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LR 1307
Item 1

 
SUMMARY

 
This constitutional resolution permits the Legislature to
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 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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