ME LD1818

Proposes a constitutional amendment (Article I, Section 26) requiring voter approval for any new taxes, tax increases on income or property, increases in government debt, or fiscal spending increases exceeding the rate of inflation

State-level taxes and spending increases would require approval by statewide voters; municipal and county measures would require approval by voters in the affected jurisdiction

Spending increases that remain at or below the inflation rate would be exempt from voter approval requirements

Legislature would be responsible for enacting a statutory process to implement and administer these voter approval requirements

Requires two-thirds approval from each legislative branch to place the amendment on a November statewide ballot for voter ratification