Oklahoma State Question 599, Investment of School Funds Amendment (August 1986)
| Oklahoma State Question 599 | |
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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 599 was on the ballot as a legislatively referred constitutional amendment in Oklahoma on August 26, 1986. It was approved.
A "yes" vote supported allowing certain school funds to be invested in federally insured savings and loans and credit unions. |
A "no" vote opposed allowing certain school funds to be invested in federally insured savings and loans and credit unions. |
Election results
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Oklahoma State Question 599 |
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| Result | Votes | Percentage | ||
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464,602 | 72.57% | ||
| No | 175,617 | 27.43% | ||
Text of measure
Ballot title
The ballot title for State Question 599 was as follows:
| “ | This measure amends Section 6 of Article XI of the Oklahoma Constitution. This section deals with the way in which certain school funds can be invested. It would allow funds to be invested in savings and loans and credit unions which are insured by the federal government. | ” |
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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