| | | Be it enacted by the People of the State of Maine as follows: |
|
| | | Sec. 1. 30-A MRSA §2203, sub-§9 is enacted to read: |
|
| | | 9.__Voter approval for bonded indebtedness.__The | | administrator, separate legal or administrative agency or other | | governing body of any interlocal entity formed under this chapter | | may not create any debt or liability on behalf of member | | municipalities that singly, or in the aggregate with any debt and | | liability incurred after the effective date of this subsection, | | at any one time exceeds $2,000,000, except when ratified by a | | majority of the electors within all member municipalities voting | | in a referendum.__The referendum may be held at a general | | election or the member municipalities may call a special election | | for this purpose. |
|
| | | Sec. 2. 30-A MRSA §2316, sub-§3-A is enacted to read: |
|
| | | 3-A.__Voter approval for bonded indebtedness.__The council may | | not create any debt or liability on behalf of member | | municipalities that singly, or in the aggregate with any debt and | | liability incurred after the effective date of this subsection, | | at any one time exceeds $2,000,000, except when ratified by a | | majority of the electors within all member municipalities voting | | in a referendum.__The referendum may be held at a general | | election or the member municipalities may call a special election | | for this purpose. |
|
| | | Sec. 3. 38 MRSA §1304-B, sub-§5-B is enacted to read: |
|
| | | 5-B.__Voter approval for bonded indebtedness.__A regional | | association formed under this chapter may not create any debt or | | liability on behalf of member municipalities that singly, or in | | the aggregate with any debt and liability incurred after the | | effective date of this subsection, at any one time exceeds | | $2,000,000, except when ratified by a majority of the electors | | within all member municipalities voting in a referendum.__The | | referendum may be held at a general election or the member | | municipalities may call a special election for this purpose. |
|
| | | Sec. 4. 38 MRSA §1751, sub-§1, as amended by PL 1989, c. 6, c. 9, §2 | | and c. 104, Pt. C, §§8 and 10, is further amended by amending the | | first paragraph to read: |
|
| | | 1. Authorization of bonds that equal less than $2,000,000. | | Subject to the limitations in subsection 10 and sections 1754 and | | 1755, any district formed under this chapter may provide by | | resolution of its board of directors, without district vote, for | | the borrowing of money and the issuance from time to time of |
|
|