Bill > LD150

This bill proposes a constitutional amendment to change how the Maine State Treasurer is selected, shifting from being chosen by the Legislature to being directly elected by voters. Specifically, the amendment would require the Treasurer to be elected every two years through a popular election, using the same process and timing as elections for Senators and Representatives. Currently, the Treasurer is chosen by a joint ballot of the Legislature during their first session, but under this proposed change, voters would directly elect the Treasurer starting in 2026. The bill also modifies the succession procedure for the Treasurer's office, stipulating that if a vacancy occurs, it can be filled by a new popular election rather than by legislative appointment. To implement this change, the bill mandates a statewide referendum in November where voters will be asked to approve the constitutional amendment by voting "Yes" or "No" on a specific ballot question. If a majority of voters approve the amendment, it will become part of the Maine State Constitution upon the Governor's proclamation, fundamentally changing the selection process for this important state financial leadership role.