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What happens if a home rule proposal does not pass?

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What happens if a home rule proposal does not pass?

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If a home rule is not adopted by a majority of the qualified voters, the state-imposed expenditure limitation applies and no new home rule may be submitted to the voters for at least 2 years. However, the city or town may submit to its voters a permanent base adjustment or one-time override as described in Expenditure Limitations FAQ #3.

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