Oklahoma State Question 649, Construction Bonds Amendment (1992)
Oklahoma State Question 649 | |
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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 649 was on the ballot as a legislatively referred constitutional amendment in Oklahoma on November 3, 1992. It was approved.
A "yes" vote supported amending the Oklahoma State Constitution to issue $350,000,000 in bonds to fund state construction projects, such as state buildings and state universities, and would be repaid in 30 years or less with funds from cigarette taxes, taxes imposed to repay the bonds or general revenue. |
A "no" vote opposed amending the Oklahoma State Constitution to issue $350,000,000 in bonds to fund state construction projects, such as state buildings and state universities, and would be repaid in 30 years or less with funds from cigarette taxes, taxes imposed to repay the bonds or general revenue. |
Election results
Oklahoma State Question 649 |
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Result | Votes | Percentage | ||
723,414 | 54.58% | |||
No | 602,086 | 45.42% |
Text of measure
Ballot title
The ballot title for State Question 649 was as follows:
“ | This measure amends the State Constitution. It allows the state to become indebted in an amount up to $350,000,000.00. It allows the Legislature to authorize the issuance of general obligation bonds. Money from the bonds would be used to built, remodel and repair state buildings and make other capital improvements. Monies would also be used to buy land, equipment and furnishings for such buildings. Construction is authorized at more than 20 state colleges and universities. Construction is also authorized by various state departments. The bonds would be repaid in 30 years or less. They would be repaid with monies from some cigarette taxes, taxes imposes to repay bonds or general revenues. The measure would only become law if voters approve the charity gaming laws and taxes proposed by House Bill 2074. | ” |
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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