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%

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.

  1. ^ "Maine ballot Questions 1 and 3 focus on state's electric utilities". spectrumlocalnews.com. Retrieved 2024-01-27.
  2. ^ "Maine Question 1, Voter Approval of Borrowing Above $1 Billion by State Entities and Electric Cooperatives Initiative (2023)". Ballotpedia. Retrieved 2023-11-05.