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OK SJR12
Joint Resolution
AI Summary
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Proposes an amendment to Section 23a of Article X of the Oklahoma Constitution regarding the state sinking fund used to pay principal and interest on outstanding state bonded indebtedness
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Deletes obsolete references to "Surplus Accounts of the State Funding Bond Funds of 1935, 1939, and 1941" which are no longer relevant
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Makes technical cleanup changes replacing "said" with "the" throughout the section and standardizing capitalization of "sinking fund"
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Requires the Secretary of State to refer the proposed constitutional amendment to voters for approval or rejection
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Directs the President Pro Tempore of the Senate to file copies of the resolution with the Secretary of State and Attorney General
Legislative Description
Constitutional amendment; deleting obsolete language.
Public Finance
Last Action
coauthored by Martin (Scott) (principal House author)
2/7/2013