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Land for Maine's Future Fund | | $25,000,000 |
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| | | The funds provided by this bond issue must be | | used to acquire public lands for citizens of | | this State and for future generations for | | hunting, fishing and other outdoor pursuits to | | create greater recreational opportunities | | within the State. The Land for Maine's Future | | Board shall work with citizen groups such as | | landowners, a statewide alliance representing | | sportsmen, environmental organizations and | | outdoor conservation groups to determine the | | best parcels of land to purchase with the | | proceeds from this bond issue. |
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| | | Sec. 7. Contingent upon ratification of bond issue. Sections 1 to 6 do not | | become effective unless the people of the State have ratified the | | issuance of bonds as set forth in this Act. |
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| | | Sec. 8. Appropriation balances at year end. At the end of each fiscal year, | | all unencumbered appropriation balances representing state money | | carry forward. Bond proceeds that have not been expended within | | 10 years after the date of the sale of the bonds lapse to General | | Fund debt service. |
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| | | Sec. 9. Bonds authorized but not issued. Any bonds authorized but not | | issued, or for which bond anticipation notes are not issued | | within 5 years of ratification of this Act, are deauthorized and | | may not be issued; except that the Legislature may, within 2 | | years after the expiration of that 5-year period, extend the | | period for issuing any remaining unissued bonds or bond | | anticipation notes for an additional amount of time not to exceed | | 5 years. |
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| | | Sec. 10. Referendum for ratification; submission at statewide election; form of question; | | effective date. This Act must be submitted to the legal voters of the | | State of Maine at a statewide election held on the Tuesday | | following the first Monday of November following passage of this | | Act. 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, to vote on the acceptance or rejection of this Act by | | voting on the following question: |
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| | | "Do you favor a $25,000,000 bond to acquire public lands to | | create greater recreational opportunities within the state?" |
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