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OK SJR51

Joint Resolution

Status

Passed

5/28/2010

Primary Sponsor

Joe Dorman

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Directs the Secretary of State to submit to voters a proposed amendment to Section 23 of Article X of the Oklahoma Constitution.

  • Increases the maximum percentage of surplus General Revenue Fund monies that must be placed in the Constitutional Reserve Fund from 10% to 15% of the prior fiscal year's General Revenue Fund certification.

  • Removes obsolete language referencing the effective date of "July 1, 1985" for the Constitutional Reserve Fund provisions.

  • Includes ballot title describing the measure as increasing surplus revenue deposits to the Constitutional Reserve Fund from 10% to 15%.

  • Requires the President Pro Tempore of the Senate to file the resolution with the Secretary of State and Attorney General immediately after passage.

Legislative Description

Constitutional amendment; increasing maximum amount which may be deposited to Constitutional Reserve Fund.

Revenue and Taxation

Last Action

Filed with Secretary of State

5/28/2010

Committee Referrals

Appropriations and Budget3/16/2010
Appropriations2/2/2010

Full Bill Text

No bill text available