Oklahoma State Question 692, Tobacco Settlement Endowment Trust Fund Amendment (2000)

Oklahoma State Question 692
Election date November 7, 2000
Topic State and local government budgets, spending, and finance and Tobacco laws
Status Approved
Type Legislatively referred constitutional amendment	Origin State legislature

Oklahoma State Question 692 was on the ballot as a legislatively referred constitutional amendment in Oklahoma on November 7, 2000. It was approved.

A "yes" vote supported creating the Tobacco Settlement Endowment Trust Fund, depositing a percentage of tobacco settlement payments into it, managed by appointed boards, with earnings funding health, education, and tobacco prevention programs.

A "no" vote opposed creating the Tobacco Settlement Endowment Trust Fund, depositing a percentage of tobacco settlement payments into it, managed by appointed boards, with earnings funding health, education, and tobacco prevention programs.

Election results

Oklahoma State Question 692
Result		Votes	Percentage
Yes		775,740	68.81%
No		351,545	31.19%

Results are officially certified.

Source

Text of measure

Ballot title

The ballot title for State Question 692 was as follows:

“

This measure amends the Oklahoma Constitution. It adds Section 40 to Article 10. The measure creates the Tobacco Settlement Endowment Trust Fund. A percentage of the payments received by the state from tobacco companies shall be deposited in the trust fund. The percentage goes from 50% for the fiscal year ending June 30, 2002, to 75% for any fiscal year ending June 30, 2007, and after. Monies not deposited in the trust fund shall be subject to legislative appropriations. The trust fund would be managed by the Board of Directors. The Board of Directors would consist of members appointed by various state officials. The trust fund monies could be invested according to certain standards. A Board of Investors would have the duty of investing the trust fund monies. The chair of the Board of Investors would be the State Treasurer. Other members would be appointed by various state officials. The earnings from the trust fund may be expended by the Board of Directors for certain purposes. The purposes include tobacco prevention and cessation programs, health care, education, other children’s services and programs for senior adults. The measure allows the Legislature to pass laws to further implement this section.

”

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

2000 Measures

• 2000 Measures
• State and local government budgets on the ballot
• spending on the ballot
• and finance on the ballot
• Tobacco laws on the ballot
• 2000 legislative sessions

Oklahoma

• Oklahoma ballot measures
• Oklahoma ballot measure laws

News and analysis

• Ballot measure lawsuits
• Ballot measure readability
• Ballot measure polls

External links

• Oklahoma State Questions