| MAINE STATE HOUSING AUTHORITY | | $10,000,000 |
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| Provides funds for affordable and accessible | housing for persons who are homeless, mentally | retarded or mentally ill. |
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| | Sec. 7. Contingent upon ratification of bond issue. Sections 1 to 6 do not | become effective unless the people of the State have ratified the | issuance of bonds as set forth in this Act. |
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| | Sec. 8. Appropriation balances at year end. At the end of each fiscal | year, all unencumbered appropriation balances representing state | money carry forward. Bond proceeds that have not been expended | within 10 years after the date of the sale of the bonds lapse to | General Fund debt service. |
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| | Sec. 9. Bonds authorized but not issued. Any bonds authorized but not | issued, or for which bond anticipation notes are not issued | within 5 years of ratification of this Act, are deauthorized and | may not be issued; except that the Legislature may, within 2 | years after the expiration of that 5-year period, extend the | period for issuing any remaining unissued bonds or bond | anticipation notes for an additional amount of time not to exceed | 5 years. |
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| | Sec. 10. Referendum for ratification; submission at statewide election; form of question; | effective date. This Act must be submitted to the legal voters of the | State of Maine at a statewide election held on the Tuesday | following the first Monday of November following passage of this | Act. 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, to vote on the acceptance or rejection of this Act by | voting on the following question: |
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| "Do you favor a $10,000,000 bond issue for affordable and | accessible housing for persons who are homeless, mentally | retarded or mentally ill?" |
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| | 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 a 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 |
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