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Debt limit trigger aimed at consumer utility meets threshold

Por: Associated Press Business January 28, 2023

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PORTLAND, Maine (AP) — A proposal aimed at restricting long-term debt necessary to create a consumer-owned electric utility has enough signatures to appear on the November ballot in Maine.The secretary of state confirmed Thursday that the threshold was met for the Central Maine Power-backed proposal to appear on the ballot. The No Blank Checks initiative would require voter approval before the state takes on debts exceeding $1 billion,... + full article



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