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OK HJR1090
Joint Resolution
Status
2/6/2012
Primary Sponsor
Jason Nelson
Click for details
AI Summary
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Amends Oklahoma Constitution Section 26 of Article V and Section 23 of Article X to establish a two-year budget cycle beginning in 2013.
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Limits legislative sessions in odd-numbered years to budgetary and revenue matters only, with even-numbered years reserved for other legislation.
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Modifies the State Board of Equalization's revenue certification process to estimate revenues for two-year periods instead of annually, with appropriations limited to 95% of estimated revenues.
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Changes the Constitutional Reserve Fund procedures to align with the two-year budget cycle, with deposits and withdrawals adjusted accordingly.
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Requires ballot language explaining the shift from annual to biennial budgeting and the restriction of odd-year sessions to budget-related legislation.
Legislative Description
Constitutional amendment; legislative sessions; budget cycle; ballot title; filing.
Government
Last Action
Second Reading referred to Rules
2/7/2012