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OK SJR15
Joint Resolution
Status
2/4/2013
Primary Sponsor
Eddie Fields
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AI Summary
SJR 15 Summary
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Proposes amendment to Section 23 of Article X of the Oklahoma Constitution regarding state budget certification procedures
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Modifies the State Board of Equalization's revenue certification process to allow appropriated federal funds and Oklahoma Education Lottery Trust Fund revenues to be certified at 100% of estimated amounts, rather than the standard 95% requirement
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Maintains existing balanced budget requirements and procedures while creating exception for lottery trust fund transfers
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Requires Secretary of State to refer proposed amendment to voters for approval, with ballot title included
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Directs filing of resolution with Secretary of State and Attorney General immediately after passage
Legislative Description
Constitutional amendment; providing that certain lottery funds are certified for full amount of estimate by State Board of Equalization.
Public Finance
Last Action
Referred to Appr/Sub-Education
2/11/2013