Oklahoma State Question 723, Bridge and Highway Trust Fund Initiative (September 2005)
| Oklahoma State Question 723 | |
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| Election date |
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| Topic Taxes and Transportation |
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| Status |
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| Type Initiated constitutional amendment |
Origin |
Oklahoma State Question 723 was on the ballot as an initiated constitutional amendment in Oklahoma on September 13, 2005. It was defeated.
A "yes" vote supported creating a Bridge and Highway Trust Fund, funded by capped fuel taxes, for highway and bridge projects |
A "no" vote opposed creating a Bridge and Highway Trust Fund, funded by capped fuel taxes, for highway and bridge projects. |
Election results
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Oklahoma State Question 723 |
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| Result | Votes | Percentage | ||
| Yes | 51,312 | 12.79% | ||
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349,927 | 87.21% | ||
Text of measure
Ballot title
The ballot title for State Question 723 was as follows:
| “ | This measure adds Article XVI-A to the Oklahoma Constitution. The measure creates additional funds for building and rebuilding bridges and highways. It also prevents the Legislature from ever decreasing state funding for transportation below current levels. The provision establishes a Bridge and Highway Trust Fund. The provision levies new gasoline and diesel fuel taxes. The new gasoline tax is capped at five cents per gallon. The new diesel tax is capped at eight cents per gallon. Eighty percent of the new gasoline tax and a portion of existing gasoline and diesel fuel taxes go into the Trust Fund. All new diesel fuel taxes go into the Trust Fund.\ Ten percent of the new gasoline tax goes to county highway funds. Another ten percent goes to cities and towns for roads and bridges. Available Trust Fund money could only fund the Department of Transportation’s direct cost of building and rebuilding highways and bridges. No money from the new taxes can be used to incur debt. The measure creates a committee to oversee both the use of the Trust’s funds and the funding of transportation by the Legislature. | ” |
Path to the ballot
In Oklahoma, the number of signatures required for an initiated constitutional amendment was equal to 15% of the votes cast in the last general election. In 2010, voters approved State Question 750, which changed the signature requirement to be based on the preceding gubernatorial election. A simple majority vote is required for voter approval.
See also
External links
Footnotes
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