SJR 70 Summary

• Proposes an amendment to Section 23a of Article X of the Oklahoma Constitution to remove obsolete language regarding state sinking funds and bonded debt procedures

• Eliminates outdated references to specific State Funding Bond Funds from 1935, 1939, and 1941 while maintaining core sinking fund provisions for debt repayment

• Replaces archaic terminology throughout the section with modern language (e.g., changing "said Sinking Fund" to "the sinking fund")

• Directs the Secretary of State to refer the proposed constitutional amendment to voters for approval or rejection

• Establishes ballot title as: "This measure amends the Oklahoma Constitution to amend Section 23a of Article 10 by deleting obsolete language"