OK SB1903

Applies for a constitutional convention under Article V to propose an amendment requiring state legislative approval for any increase in federal debt.

Declares that Oklahoma's Legislature favors this amendment, which would give individual states veto power over increases to the federal debt limit.

Limits the proposed convention strictly to this single issue and prevents it from considering any other constitutional amendments.

Establishes this as a continuing application that remains in effect until at least two-thirds of state legislatures make equivalent applications.

Directs the Secretary of State to distribute copies of the application to Congress members, the President of the Senate, the Speaker of the House, and all state legislative leaders.