SB 1319 - Summary

• Adds a new member to the Teachers' Retirement System Board of Trustees appointed by the statewide organization representing retired educators with at least 7,500 members, increasing the board from 13 to 14 members.

• Changes the quorum requirement from seven votes to eight votes for board decisions to reflect the expanded membership.

• Updates pronouns throughout the statute from "he/him" to "he or she/him or her" language for inclusive reference.

• Updates terminology by replacing "chairman" with "chair" and removing references to outdated statutory citations in the Oklahoma Administrative Procedures Act.

• Effective date is July 1, 2010, with an emergency clause declaring the act effective immediately upon passage and approval.