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"Do you favor a $5,000,000 bond issue to encourage job growth | | and economic vitality by providing access to capital for | | cranberry growers and processors?" |
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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 votes for | | members of the Legislature. The Governor shall review the | | returns and, if a majority of the legal votes are cast in favor | | of the Part, the Governor shall proclaim the result without | | delay, and the Part becomes effective 30 days after the date of | | the proclamation. |
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| | | The Secretary of State shall prepare and furnish to each city, | | town and plantation all ballots, returns and copies of this Part | | necessary to carry out the purpose of this referendum. |
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| | | Sec. B-1. 10 MRSA §964, sub-§1, ¶I, as amended by PL 1989, c. 774, §2, | | is further amended to read: |
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| | I. Student financial assistance programs; and |
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| | | Sec. B-2. 10 MRSA §964, sub-§1, ¶J, as enacted by PL 1989, c. 774, §3, | | is amended to read: |
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| | J. Waste oil furnace loan program.; and |
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| | | Sec. B-3. 10 MRSA §964, sub-§1, ¶K, is enacted to read: |
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| | | K.__Cranberry Product Loan Program. |
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| | | Sec. B-4. 10 MRSA §1023-L is enacted to read: |
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| | | §1023-L.__Cranberry Product Loan Fund |
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| | | The Cranberry Product Loan Fund, referred to in this section | | as the "fund," is created.__The fund must be deposited with and | | maintained and administered by the Finance Authority of Maine.__ | | All money received by the Finance Authority of Maine from any | | source for the development and implementation of the Cranberry | | Product Loan Fund must be credited to the fund.__Any money | | credited to the fund from the issuance of bonds on behalf of the | | State for financing loans for cranberry product enterprises may |
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