Constitutional amendment; prohibiting certain ownership of land; decreasing allowable time period for disposition of certain property.
Impact
If passed, SJR10 would significantly modify existing legal frameworks regarding land ownership in Oklahoma, impacting various state laws governing real estate transactions. The proposed amendment implies that any land owned by non-citizen entities or individuals would have to be sold back to the state within a strict timeframe. This could generate increased scrutiny and review of property ownership titles, particularly in areas where foreign investments are concentrated, potentially leading to a decrease in such investments over time.
Summary
SJR10, a Joint Resolution introduced in the Oklahoma Legislature, proposes an amendment to Section 1 of Article XXII of the Oklahoma Constitution. This resolution aims to prohibit the ownership of land in Oklahoma by foreign citizens or by business entities and trusts owned by foreigners. Additionally, it seeks to decrease the allowable time period for individuals not holding U.S. citizenship to dispose of any acquired real estate from five years to one year. These changes are aimed at reinforcing local control and protecting the state's land from foreign investments.
Contention
Debate surrounding SJR10 may arise from concerns over property rights and the economic implications of limiting foreign investment in the state's real estate market. Proponents of the bill argue that it provides essential protections for local citizens and ensures land remains under the control of those residing within the state. However, opponents might contend that the measure could deter beneficial foreign investment, negatively affecting local economies and property values. Additionally, the bill includes exceptions for lawful resident foreigners and does not apply to lands currently owned by them, which may lead to discussions regarding fairness and equity in application.
Firearms; modifying certain allowable carry; restoring certain rights to carry; prohibiting certain carry for certain persons; removing certain revocation. Effective date.
Dispositional hearings; authorizing voluntary participation in certain services; prohibiting use of participation in certain services as evidence. Effective date.
Campus carry of firearms; modifying allowable carry; removing requirement for certain written consent; allowing certain concealed carry; prohibiting certain denial; allowing certain prohibition. Effective date.
Constitutional amendment; limiting state questions on ballot to odd-numbered years; requiring proposed constitutional amendments or state questions to receive certain majority vote.