Voter Approval of Borrowing Above $1 Billion by State Entities and Electric Cooperatives Initiative | |||||||||||||
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County resultsYes
50–60%
60–70% | |||||||||||||
| Elections in Maine |
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On November 7, 2023, as an indirect initiated state statute, Maine Question 1, the Voter Approval of Borrowing Above $1 Billion by State Entities and Electric Cooperatives Initiative, was put to a vote. This ballot measure requires voter approval before any state agencies, municipal electric districts, electrification cooperatives, or consumer-owned transmission utilities could take on debt totaling more than $1 billion.[1] It also needs the state treasurer to provide a statement outlining the estimated cost of the increased debt to go along with the ballot question.[2] The measure was approved in a landslide victory with nearly a two-thirds approval vote.
Results
| Choice | Votes | % | |
|---|---|---|---|
| For | 259,444 | 65.46 | |
| Against | 136,897 | 34.54 | |
| Total | 396,341 | 100.00 | |
| Source: [2] | |||
References
- "Maine ballot Questions 1 and 3 focus on state's electric utilities". spectrumlocalnews.com. Retrieved 2024-01-27.
- "Maine Question 1, Voter Approval of Borrowing Above $1 Billion by State Entities and Electric Cooperatives Initiative (2023)". Ballotpedia. Retrieved 2023-11-05.