2023 Maine Question 1

2023 Maine Question 1

Voter Approval of Borrowing Above $1 Billion by State Entities and Electric Cooperatives Initiative
Results
Choice Votes % Yes 259,444 65.46% No 136,897 34.54% Total votes 396,341 100.00%

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City of Portland Mayoral elections 2011 2015 2019 2023
v t e

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.