Oklahoma's ballot measures draw support in early returns

All six state questions drew strong support from Oklahoma voters and were headed for approval Tuesday night.
by Randy Ellis Modified: November 7, 2012 at 12:01 am •  Published: November 6, 2012

• Approving State Question 764, which would authorize the Oklahoma Water Resources Board to issue bonds to finance a reserve fund for water resource and sewage treatment funding programs. The vote was 56.2 percent for and 43.8 percent against the proposal.

Fred Morgan, president of the State Chamber of Oklahoma, which backed proposals to eliminate the intangibles tax and allow the Oklahoma Water Resources Board to issue bonds, said passage of both state questions should help both businesses and individuals in the state.

“We're very pleased,” he said. “Both of these are very important to the business community, but also to the people in general.”

State Rep. David Dank, House author of the state question to reduce the cap on annual property tax increases from 5 to 3 percent, said he was pleased with early election results.

“I am grateful to the voters of Oklahoma for their strong approval of this measure at the polls,” said Dank, R-Oklahoma City. “They understood clearly that this was sensible tax restraint, not a tax cut that would harm schools, counties or libraries. A recent report by the Tax Foundation listed Oklahoma as the eighth fastest growing state for property taxes, and the passage of 758 will slow that growth while maintaining adequate revenues.”

Dank said the vote is especially important to seniors and others on fixed or limited incomes.

by Randy Ellis
Capitol Bureau Reporter
For the past 30 years, staff writer Randy Ellis has exposed public corruption and government mismanagement in news articles. Ellis has investigated problems in Oklahoma's higher education institutions and wrote stories that ultimately led to two...
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