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OK SJR78
Joint Resolution
Status
2/6/2012
Primary Sponsor
Jason Murphey
Click for details
AI Summary
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Directs Secretary of State to refer a proposed constitutional amendment (new Section 44 to Article X) to voters for approval
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Limits Oklahoma's total state debt to $2 billion, excluding obligations from the master lease program
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Allows the Legislature to override the debt limit by a two-thirds affirmative vote in both houses during declared emergencies
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Provides ballot title for voters describing the proposal to limit state indebtedness with emergency override provisions
Legislative Description
Constitutional Amendment; prohibiting the state from exceeding a certain amount of outstanding indebtedness; excluding certain types of obligations; providing for legislative override. Ballot title.
Government
Last Action
coauthored by Murphey (principal House author)
2/28/2012