A group of Democratic legislators is launching a signature drive for a public vote on a $500 million bond issue to pay for storm shelters in Oklahoma schools.
Rush Springs Democratic Rep. Joe Dorman said a group of lawmakers, attorneys and supporters are working on the language for the proposed ballot measure and hope to begin collecting signatures as early as next month.
The effort is being supported by some of the parents of seven school children killed when a tornado hit a Moore elementary school that didn’t have a storm shelter or safe room.
The plan calls for the debt service on the bond issue to be paid by the annual franchise tax levied on businesses that generates an estimated $40 million each year.
Was this article valuable?
Here are more articles you may enjoy.
Owner of Assisted Living Home Where 10 Died in Fire Denied Access to Insurance Funds
GEICO Settles Call-Center Worker Suits for $940,000; Attorneys Get Half
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud 

