Constitution, Art. IX, §14-E is enacted to read:

Section 14-E.__Reserve funds.__The Legislature may create reserve funds to provide for capital improvements, to fulfill long-range goals or to meet fiscal contingencies of State Government.__When carried over from one Legislature to another, a reserve fund protected by this section may not be spent for any purpose other than that for which the fund was expressly created unless such later purpose is approved by a vote of 3/5 of both Houses.

; and be it further

Constitutional referendum procedure; form of question; effective date. Resolved: That 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, at a statewide election, on the Tuesday following the first Monday of November following the passage of this resolution, to vote upon the ratification of the amendment proposed in this resolution by voting upon the following question:

"Do you favor amending the Constitution of Maine to allow for the creation of reserve funds to be used for capital improvements, long-range goals or fiscal contingencies and to prohibit spending the reserve funds for any purpose unless approved by a vote of 3/5 of the Legislature?"

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 the 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 it appears that a majority of the legal votes are cast in favor of the amendment, the Governor shall proclaim that fact without delay and the amendment becomes part of the Constitution of Maine on the date of the proclamation; and be it further

Secretary of State shall prepare ballots. Resolved: That the Secretary of State shall prepare and furnish to each city, town and plantation all ballots, returns and copies of this resolution necessary to carry out the purposes of this referendum.