Oklahoma State Question 557, Loans for Highway Improvements Amendment (1982)
| Oklahoma State Question 557 | |
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| Election date |
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| Topic County and municipal governance and Transportation |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Oklahoma State Question 557 was on the ballot as a legislatively referred constitutional amendment in Oklahoma on November 2, 1982. It was defeated.
A "yes" vote supported allowing cities, towns, and counties to borrow money for public buildings, streets, and roads with extended repayment terms of up to 30 years |
A "no" vote opposed allowing cities, towns, and counties to borrow money for public buildings, streets, and roads with extended repayment terms of up to 30 years. |
Election results
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Oklahoma State Question 557 |
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| Result | Votes | Percentage | ||
| Yes | 343,376 | 44.86% | ||
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422,068 | 55.14% | ||
Text of measure
Ballot title
The ballot title for State Question 557 was as follows:
| “ | Shall a Constitutional amendment providing that when cities, towns and counties borrow money for construction or maintenance of public buildings, streets and roads, the constitutional limitations otherwise existing on their power to borrow shall be altered by extending the maximum term permitted for such debts from 25 to 30 years, by reducing the vote margin needed, in some cases, to authorize such debts from 3/5's to a simple majority of electors, and by permitting such debts to be incurred in amounts exceeding the generally applicable ceiling on debts of cities, towns and counties, which ceiling limits total debt to no more than 5% of the assessed value of the property in the city, town or county and to no more than the amount of income and revenue for the city, town or county during the year the money is borrowed, be adopted 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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