1992 measure re-appears in midst of Oklahoma's down economy
OKLAHOMA CITY, Oklahoma: 5 percent reductions in state agencies have been ordered the past three months due to declining revenues during the current fiscal year. According to the governor's chief budget adviser, those reductions could increase. Among the down economy is the effects of the 1992 measure that Oklahoma voters approved that prohibited legislature from raising taxes without the approval of voters if the increase does not pass 3/4 vote of each legislative body.
If deeper cuts are necessary, lawmakers could choose to raise taxes to keep the cuts at 5 percent, but must do it under the provisions of the measure that was passed 19 years ago.