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Oklahoma State Question 611, Business Development Grants and Loans Amendment (September 1988)

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Oklahoma State Question 611

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Election date

September 20, 1988

Topic
Public economic investment policy
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Oklahoma State Question 611 was on the ballot as a legislatively referred constitutional amendment in Oklahoma on September 20, 1988. It was approved.

A "yes" vote supported allowing state funds to be used for grants, loans, and investments to develop businesses in Oklahoma, administered by the Oklahoma Center for the Advancement of Science and Technology, requiring two-thirds legislative approval and periodic review.

A "no" vote opposed allowing state funds to be used for grants, loans, and investments to develop businesses in Oklahoma, administered by the Oklahoma Center for the Advancement of Science and Technology, requiring two-thirds legislative approval and periodic review.


Election results

Oklahoma State Question 611

Result Votes Percentage

Approved Yes

176,064 63.27%
No 102,199 36.73%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for State Question 611 was as follows:

This measure would amend Section 15 to Article X of the Oklahoma Constitution. It would let state monies be used to make grants, loans and investments. The grants, loans and investments would be used to develop business in this state. The Oklahoma Center for the Advancement of Science and Technology would make the grants, loans and investments. The grants and loans would be to persons and companies. The investments would be made in private projects. The Legislature would have to approve the use of state monies for such purposes. The approval must be by a two-thirds vote in each house. It requires the Legislature to review said use of state monies.


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