Oklahoma Rainy Day Amendment sent to statewide ballot
OKLAHOMA CITY, Oklahoma: The Oklahoma legislature sent another ballot measure to the statewide ballot, when the Oklahoma House of Representatives approved a "rainy day fund" resolution with a vote of 91-8 on May 28, 2010 The Oklahoma State Legislature can approve a proposed amendment by a majority vote.
The measure will appear on the November 2, 2010 ballot in the state of Oklahoma as a legislatively-referred constitutional amendment. The measure would ask voters whether or not to increase the amount of money that would go into the state's reservation funds. According to reports, the "rainy day fund" in Oklahoma was at $600 million, but currently is on the verge of being empty as a result of the economic decline. This brings the total amount of ballot measures on the fall ballot to eleven.