OK SJR52

Directs the Secretary of State to submit to Oklahoma voters a proposed amendment to Section 6A of Article X of the Oklahoma Constitution to exempt all intangible personal property from ad valorem taxation, effective January 1, 2013.

Removes the current detailed list of specific types of intangible property exempt from taxation and replaces it with a blanket exemption covering all intangible personal property.

Eliminates obsolete language regarding the 1969 effective date and collection of 1968 intangible property taxes.

Establishes ballot title instructing voters that the measure would exempt all intangible property from property tax for individuals, families, and businesses beginning in 2013.

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