Oklahoma State Question 559, Preservation Trust Fund Amendment (August 1982)
| Oklahoma State Question 559 | |
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| Election date |
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| Topic 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 559 was on the ballot as a legislatively referred constitutional amendment in Oklahoma on August 24, 1982. It was defeated.
A "yes" vote supported creating a trust fund administered by a board of seven trustees, with the fund consisting of legislative appropriations and other contributions, its capital invested, and income spent by legislative appropriation. |
A "no" vote opposed creating a trust fund administered by a board of seven trustees, with the fund consisting of legislative appropriations and other contributions, its capital invested, and income spent by legislative appropriation. |
Election results
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Oklahoma State Question 559 |
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| Result | Votes | Percentage | ||
| Yes | 247,334 | 49.58% | ||
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251,531 | 50.42% | ||
Text of measure
Ballot title
The ballot title for State Question 559 was as follows:
| “ | Shall a Constitutional amendment adding new Article XXVIII to the Oklahoma Constitution, creating a trust fund to be administered by seven trustees, consisting of the Governor, the Lieutenant Governor, the State Treasurer,two appointees of the President Pro Temporize of the Senate and two appointees of the Speaker of the House of Representatives, which board of trustees shall administer and operate the fund in accordance with such rules and regulations as shall be imposed by the Legislature, which fund shall consist of such moneys as may be appropriated to the fund by the Legislature from time to time as well as contributions from other, unspecified sources, providing for trust capital to be invested and trust income to be spent according to appropriation by the Legislature, and protecting trustees from liability except when losses result from a trustee's willful misconduct 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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