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Senate Rejects Elimination of Bond Issues
Augusta AP reports the Maine Senate rejected a proposed constitutional amendment to permit state bond issues without voter approval. The 21 to 10 vote blocks the measure, amidst concerns bonds are vital for funding, with $138 million in proposed issues and $88 million bonded indebtness cited. Senator Berry urged timing and warned against crisis if bonds are cut.
MENTIONED IN THIS ARTICLE
Augusta
Senate
Richard N. Berry
Cape Elizabeth
Appropriations Committee
Berry