We vote on bond issues all the time. The last transportation bond in 2021 was for $100 million and it passed. Most do. Before we vote, the state treasurer provides us with a summary of all bonds in the state’s possession as well as the ones being considered.
Question 1 ensures a similar process will be followed in the rare case a loan is required for a state expenditure of $1 billion or more. I support this initiative because we deserve to know the fiscal impact of the loan and to have the right to vote it up or down. After all, we’ll be responsible for repaying it.
For me, Question 1 ensures state accountability and voter responsibility.
Larry Davis
Hallowell
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