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OK SJR38
Joint Resolution
Status
2/2/2026
Primary Sponsor
Brent Howard
Click for details
AI Summary
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Proposes a constitutional amendment to Section 40 of Article X of the Oklahoma Constitution requiring voter approval via ballot referendum
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Mandates the Board of Investors of the Tobacco Settlement Endowment Trust Fund to divest 5% of the trust fund's assets annually by November 1 of each year
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Requires proceeds from the divestment to be deposited into the Health Care Enhancement Fund
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Gives the Legislature discretion to appropriate the divested funds for enhancing the health of Oklahomans, including direct medical expenditures
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Directs the Secretary of State to refer the proposed amendment to voters and requires the President Pro Tempore of the Senate to file copies with the Secretary of State and Attorney General
Legislative Description
Constitutional amendment; requiring divestment of certain assets from the Tobacco Settlement Endowment Trust Fund and deposit of proceeds into specified fund.
Last Action
Coauthored by Representative Fetgatter (principal House author)
3/3/2026