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OK SJR51
Joint Resolution
AI Summary
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Directs the Secretary of State to submit to voters a proposed amendment to Section 23 of Article X of the Oklahoma Constitution.
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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.
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Removes obsolete language referencing the effective date of "July 1, 1985" for the Constitutional Reserve Fund provisions.
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Includes ballot title describing the measure as increasing surplus revenue deposits to the Constitutional Reserve Fund from 10% to 15%.
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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