Oklahoma State Question 442, Investment of School Funds Amendment (August 1968)
| Oklahoma State Question 442 | |
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| Election date |
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| Topic Education and State and local government budgets, spending, and finance |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Oklahoma State Question 442 was on the ballot as a legislatively referred constitutional amendment in Oklahoma on August 27, 1968. It was approved.
A "yes" vote supported amending the State Constitution to allow permanent common school and other educational funds to be invested in bank or trust company, as long as the deposits are insured by the Federal Deposit Insurance Corporation. |
A "no" vote opposed amending the State Constitution to allow permanent common school and other educational funds to be invested in bank or trust company, as long as the deposits are insured by the Federal Deposit Insurance Corporation. |
Election results
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Oklahoma State Question 442 |
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| Result | Votes | Percentage | ||
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290,651 | 71.77% | ||
| No | 114,333 | 28.23% | ||
Text of measure
Ballot title
The ballot title for State Question 442 was as follows:
| “ | Shall a Constitutional Amendment authorizing the investment of permanent common school and other educational funds in deposits in banks or trust companies in Oklahoma to the extent such deposit is insured by the Federal Deposit insurance Corporation be approved by the people? | ” |
Path to the ballot
- See also: Amending the Oklahoma Constitution
A simple majority vote is required during one legislative session for the Oklahoma State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 51 votes in the Oklahoma House of Representatives and 24 votes in the Oklahoma State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
See also
External links
Footnotes
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