Oklahoma State Question 625, Modification of Interest Rates on Bonds Amendment (August 1990)
| Oklahoma State Question 625 | |
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| Election date |
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| Topic Bond issues |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Oklahoma State Question 625 was on the ballot as a legislatively referred constitutional amendment in Oklahoma on August 28, 1990. It was approved.
A "yes" vote supports allowing counties to issue bonds for industrial development near the county, setting bond interest rates and issuance procedures by law, aligning elections with general election laws, and restricting voting in such elections to registered voters. |
A "no" vote opposed allowing counties to issue bonds for industrial development near the county, setting bond interest rates and issuance procedures by law, aligning elections with general election laws, and restricting voting in such elections to registered voters. |
Election results
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Oklahoma State Question 625 |
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| Result | Votes | Percentage | ||
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430,947 | 62.63% | ||
| No | 257,092 | 37.37% | ||
Text of measure
Ballot title
The ballot title for State Question 625 was as follows:
| “ | This measure amends Section 35 of Article 10 of the Oklahoma Constitution. Section 35 allows cities and counties to issue bonds. The bonds are for the purpose of developing industry. The amendment would allow a county to issue bonds to develop industry near the county. The amendment would allow the bond interest rates to be set by law. The manner in which the bonds would be issued would be prescribed by law. Any elections held shall be held in accordance with the general election laws of the state. The measure changes who could vote at the elections. Only registered voters could vote at the elections. | ” |
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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