HJSB 1077 Summary

• Proposes constitutional amendments to establish biennial (two-year) budgeting in Oklahoma with the Legislature meeting annually but restricted in legislative activities based on odd/even years.

• During odd-numbered years, the Legislature may only consider appropriations bills for a two-year fiscal period and organizational matters; non-appropriation measures require a 3/4 vote to be considered.

• During even-numbered years, the Legislature may consider all other legislation, constitutional amendments, and non-binding measures.

• Modifies state budget procedures including revenue certification, appropriation limits, and the Constitutional Reserve Fund with specific provisions for emergency appropriations and manufacturing incentives.

• Effective January 1, 2015; directs submission to voters as a ballot measure with specified ballot language.