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OK SJR67

Joint Resolution

Status

Introduced

2/6/2012

Primary Sponsor

Rick Brinkley

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Proposes amendment to Section 28 of Article X of the Oklahoma Constitution to clarify language regarding sinking funds for counties, townships, school districts, cities, and towns.

  • Amends constitutional language to replace ambiguous phrasing with clear statement that municipalities must levy sufficient revenue for interest payments, bond payments, and judgment payments.

  • Directs Secretary of State to place the proposed amendment on the ballot for voter approval or rejection.

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

  • Includes ballot title identifying the measure as a state question that amends the Oklahoma Constitution to clarify Section 28 of Article 10.

Legislative Description

Constitutional Amendment; clarifying language related to tax levy for sinking fund.

Public Finance

Last Action

Second Reading referred to Rules

2/8/2012

Committee Referrals

Rules2/8/2012

Full Bill Text

No bill text available