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OK SJR63

Joint Resolution

Official Source

Status

Introduced

2/6/2012

Primary Sponsor

John Sparks

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Directs the Secretary of State to refer a proposed constitutional amendment to voters for approval or rejection
  • Adds a new Section 15 to Article XXIII of the Oklahoma Constitution regarding the Oklahoma Law Enforcement Retirement System
  • Requires the Oklahoma Law Enforcement Retirement System to achieve a funded ratio of 90% or higher by July 1, 2045, as certified by the Board of Trustees' annual actuarial valuation
  • Establishes ballot language for the constitutional amendment with "yes" and "no" voting options
  • 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; requiring the Oklahoma Law Enforcement Retirement System to have certain funded ratio.

Retirement

Last Action

Second Reading referred to Retirement and Insurance

2/8/2012

Committee Referrals

Retirement and Insurance2/8/2012

Full Bill Text

No bill text available