Manufacturing Assistance Approved in Oklahoma

Voters in Oklahoma approved 54 percent to 46 percent State Question 725, which was intended to provide financial assistance to "high-risk" manufacturers in the state, in order to minimize the possible loss of employment. Funds provided to each manufacturer by the state would be limited to 10 percent of the manufacturers in-state capital investment. The source in the budget for this initiative would be Oklahoma's Rainy Day Fund, which can only be accessed when the fund is at least $80 million, and annual funding would be limited to $10 million total.