OK SJR57

Proposes a constitutional amendment (Article X, Section 2.1) requiring the Legislature to consider significant reform of tax credits, rebates, exemptions, and deductions prior to January 1, 2018

Prohibits granting of any state tax credits during calendar years 2018 and 2019 if the Legislature fails to enact significant tax reform by the deadline

Defines "significant reform" as changes resulting in at least $200 million increase in funds available for appropriation in fiscal year 2019 compared to fiscal year 2017, as determined by the State Board of Equalization at its December 2017 meeting

Requires the Legislature to appropriate at least $200 million in additional funds to the State Department of Education exclusively for classroom teacher salary increases if significant reform is enacted

Constitutional provision would expire and be automatically repealed on July 1, 2030