OK HJR1072

Orders a legislative referendum for the November 3, 2026 General Election to levy additional income taxes on high earners beginning January 1, 2027: 1% on taxable income over $1 million (single) or $2 million (joint), and 2% on income over $5 million (single) or $10 million (joint)

Creates the Future Readers, Future Leaders Investment Revolving Fund to receive all revenue from the additional tax, administered by the State Department of Education

Provides $5,000 annual stipends to active classroom teachers with National Board Certification, with funding prioritized first from the new fund

Allocates $100 million annually for statewide reading program support after National Board Certified Teacher stipends are funded

Distributes remaining funds to underperforming schools designated as "Comprehensive Support and Improvement" or "More Rigorous Intervention," with each qualifying school receiving a minimum of $25,000 and additional per-pupil funding, phasing down over three years after schools achieve performing status