OK SJR14

Directs Secretary of State to refer a proposed constitutional amendment to Oklahoma voters authorizing the state to issue bonds up to $2.5 billion for higher education research and student support.

Authorizes use of bond proceeds for research and faculty positions in science, technology, engineering, mathematics, and medicine at Oklahoma State System of Higher Education institutions; tuition assistance for students in these fields who agree to reside in Oklahoma for 5 years after graduation; and support for related research foundations.

Establishes Oklahoma Building Bonds Commission as the issuing entity with maximum bond maturity of 30 years and principal and interest repayment from sales tax revenues, exempt from statutory debt limits.

Exempts bonds, transfers, interest earnings, and profits from all state, county, municipal, and political subdivision taxation; authorizes commission to hire professionals, establish reserves, and manage investments using prudent investor standards.

Requires Senate President Pro Tempore to file resolution with Secretary of State and Attorney General immediately after passage, with specified ballot title for voter consideration.