2023 Maine Question 1

On November 7, 2023, as an indirect initiated state statute, Maine Question 1, the Voter Approval of Borrowing Above $1 Billion by State Entities and Electric Cooperatives Initiative, was put to a vote. This ballot measure requires voter approval before any state agencies, municipal electric districts, electrification cooperatives, or consumer-owned transmission utilities could take on debt totaling more than $1 billion. It also needs the state treasurer to provide a statement outlining the estimated cost of the increased debt to go along with the ballot question. The measure was approved in a landslide victory with nearly a two-thirds approval vote.