Share “Oklahoma State Questions on Nov. 6 ballot”

Oklahoma State Questions on Nov. 6 ballot

Oklahoman Published: October 7, 2012

4. State Question 764 would allow the Oklahoma Water Resources Board to issue up to $300 million in bonds to pay for certain water resource and sewage treatment programs. The Legislature would be responsible for funding debt service on the loans from the state budget.

• A Yes vote — enables the Water Resources Board to issue bonds.

• A No vote — would keep the Water Resources Board from issuing bonds.

5. State Question 765 would eliminate from the constitution the Department of Human Services, the Oklahoma Human Services Commission, and the director allowing standing and future legislation to govern the agency. A bill passed last session would give the Governor responsibility for appointing an executive director and replaces the existing commission with advisory boards.

• A Yes vote — abolishes the DHS commission and allows lawmakers to alter the agency.

• A No vote — would leave DHS intact as it currently operates.

6. State Question 766 would make all intangible property exempt from taxes. Currently only an enumerated list of intangible property is exempt from taxation such as stocks and bonds. This amendment would exempt other items such as patents, contracts, mineral interests, and trademarks.

• A Yes vote — exempts all intangible property from taxation.

• A No vote — maintains only certain intangible property as exempt from taxation.