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OK SJR67
Joint Resolution
Status
2/6/2012
Primary Sponsor
Rick Brinkley
Click for details
AI Summary
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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.
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Amends constitutional language to replace ambiguous phrasing with clear statement that municipalities must levy sufficient revenue for interest payments, bond payments, and judgment payments.
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Directs Secretary of State to place the proposed amendment on the ballot for voter approval or rejection.
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Requires President Pro Tempore of the Senate to file resolution with Secretary of State and Attorney General immediately after passage.
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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