LD 1308, Page 2 - 121th Legislature, FIRST REGULAR Session

after that date. Within 2 years after expiration of that 5-year

period, the Legislature may extend, by a majority vote, the 5-

year period for an additional 5 years or may deauthorize the

bonds. If the Legislature fails to take action within those 2

years, the bond issue shall be considered to be deauthorized and

no further bonds may be issued. For any bond authorization in

existence on November 6, 1984, and for which the 5-year period

following ratification has expired, no further bonds may be

issued unless the Legislature, by November 6, 1986, reauthorizes

those bonds by a majority vote, for an additional 5-year period,

failing which all bonds unissued under those authorizations

shall be considered to be deauthorized. Temporary loans to be

paid out of moneys raised by taxation during any fiscal year

shall not exceed in the aggregate during the fiscal year in

question an amount greater than 10% 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 for that fiscal year, exclusive of proceeds

or expenditures from the sale of bonds, or greater than 1% of

the total valuation of the State of Maine, whichever is the

lesser.

; and be it
further

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:

"Do you favor amending the Constitution of Maine to allow
the Legislature to require that, except for citizen's
initiatives and people's vetoes, referendum questions
appear on the ballot at general elections only?"

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 of Maine on
the date of the proclamation; and be it further

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