News and analysis right to your inbox. Click to get Ballotpedia’s newsletters!

Oklahoma State Question 626, Financing Municipal Public Utilities Amendment (August 1990)

From Ballotpedia
Jump to: navigation, search
Oklahoma State Question 626

Flag of Oklahoma.png

Election date

August 28, 1990

Topic
Utility policy
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Oklahoma State Question 626 was on the ballot as a legislatively referred constitutional amendment in Oklahoma on August 28, 1990. It was approved.

A "yes" vote supports allowing cities and towns to borrow money for public utilities without additional taxes, repayable through pledged funds or revenues.

A "no" vote opposed allowing cities and towns to borrow money for public utilities without additional taxes, repayable through pledged funds or revenues.


Election results

Oklahoma State Question 626

Result Votes Percentage

Approved Yes

425,405 61.91%
No 261,676 38.09%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for State Question 626 was as follows:

This measure would add a new section to the State Constitution. It would be Section 27B of Article X. It would let cities and towns borrow money for buying, building or improving public utilities without levying any additional tax. The debt would be repaid from pledged funds or revenues. This process would require approval by three-fourths of the governing body of the city or town. Voters would be required to approve the financing of the projects in some cases. The utility would be owned by the city or town. The borrowed money would not be considered a debt of the city or town for purposes of any type of debt limit. Unless the utility consents, this section would not apply to the purchase of any utility regulated by the Corporation Commission.


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