Req. No. 522 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 5 9th Legislature (2023) SENATE JOINT RESOLUTION 16 By: Haste AS INTRODUCED A Joint Resolution directing the Secretary of State to refer to the people f or their approval or rejection a proposed amendment to the Oklahoma Constitution by adding a new Section 9 E to Article X; allowing for the creation of Public Infrastructure Districts; requiring certain con ditions for the creation of a public infrastructure district; allowing municipalities to limit powers of the public infrastructure districts; authorizing additional levies to be imposed for certain purpose; authorizing the Legislature to en act laws necessary for the implementation of public infrastructure districts; providing ballot title; and directing fil ing. BE IT RESOLVED BY THE SENATE AND THE HOUSE OF REPRESENTATIVES OF THE 1ST SESSION OF THE 56TH OKLAHOMA LEGISLATURE: SECTION 1. The Secretary of State shall re fer to the people for their approval or rejection, as and in the manner provided by law, the following proposed amendment to the Oklahoma Constitution by adding a new Section 9 E to Article X to read as follows: Section 9. A. There is hereby created Public Infrastructure Districts. Req. No. 522 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 B. Municipalities may approve the creation of public infrastructure districts, which may incur indebtedness and issue public infrastructure district bonds to pay for all or part of the cost of public improvements within such di stricts. The cost of all indebtedness so incurred shall be levi ed and assessed by the board of trustees of a public infrastructure district on the property benefited by such improvements following the passage and approval of the organization of a public infrastructure district pursuant to subsection C of this section . The board shall collect the special assessments so levied and use the same to reimburse the public infrastructure district for the amount paid or to be paid by it on the bonds issued for such improvements not to exceed ten (10) mills for the purpose of p roviding funds for the purpose of support, organization, operation , and maintenance of such services . C. A public infrastructure district shall not be created unless: 1. A petition, if there are any registered voters within the applicable area, is filed with the municipality that contains the signatures of one hundred percent (100%) of regis tered voters within the applicable area approving the creation of the public infrastructure district; or 2. A petition is filed with the municipality that contains the signatures of one hundred percent (100 %) of surface property owners Req. No. 522 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 within the applicable area consenting to the creation of the public infrastructure district. D. The municipality may impose limitations on the powers of the public infrastructure distr ict through the governing document presented by the public infrastructure d istrict applicant. E. The levy shall be in addition to all oth er levies authorized by this Constitution, and when app roved, shall be made for the repayment of public infras tructure districts bonds issued by the public infrastructure districts for the public improvements agreed upon by the voters of the district as pr ovided by the governin g document. F. The Legislature s hall be authorized to enact such laws as may be necessary in ord er to implement public inf rastructure districts in the State of Oklahoma. SECTION 2. The Ballot Title for the proposed C onstitutional amendment as set forth in SECTION 1 of th is resolution shall be in the following form: BALLOT TITLE Legislative Referendum No. ____ State Question No. ____ THE GIST OF THE PROPOSITION IS A S FOLLOWS: This measure adds a new section of law to t he State Constitution. It adds Section 9 E to Article 10. It allows for the creation of public infrastruc ture districts. It provides for the issuance of public infrastructure bonds by the pu blic Req. No. 522 Page 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 infrastructure district to p ay for all or part of all publi c improvements implemented by the public infrastructur e district. It requires a one hundred percent approval of voters in the district to become created . SHALL THE PROPOSAL BE APPROVED? FOR THE PROPOSAL — YES _____________ AGAINST THE PROPOSAL — NO _____________ SECTION 3. The President Pro Tempore of the Senate shall, immediately after the passage of th is resolution, prepare and file one copy thereof, including the Ballot Title set forth in SECTION 2 hereof, with the Secretary of State a nd one copy with the Attorney General. 59-1-522 MR 1/19/2023 2:10:09 PM