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53	53	STATE OF OKLAHOMA
54	54
55	55	1st Session of the 59th Legislature (2023)
56	56
57	57	SENATE JOINT
58	58	RESOLUTION 3 By: Kirt
59	59
60	60
61	61
62	62
63	63	AS INTRODUCED
64	64
65	65	A Joint Resolution directing the Secretary of State
66	66	to refer to the people fo r their approval or
67	67	rejection a proposed amend ment to Section 26 of
68	68	Article X of the Oklahoma Constitution; reducing the
69	69	threshold to approve school district indebtedness;
70	70	updating constitutional referen ce; providing ballot
71	71	title; and directing filing.
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75	75	BE IT RESOLVED BY THE SENA TE AND THE HOUSE OF REPRESENTATIVES OF THE
76	76	1ST SESSION OF THE 59TH OKLAHOMA LEGISLATURE:
77	77	SECTION 1. The Secretary of State shall refer to the people for
78	78	their approval or rejection, as and in the mann er provided by law,
79	79	the following proposed amendment to Section 26 of Article X of the
80	80	Oklahoma Constitution to read as follows:
81	81	Section 26. (a) Except as herein otherwise provided, no
82	82	county, city, town, township, school district, or other political
83	83	corporation, or subdivision of the state , shall be allowed to become
84	84	indebted, in any manner, or for any purpose, to an amount exceed ing,
85	85	in any year, the income and revenue provided for such year without
86	86	the assent of three-fifths of the voters thereof of the county,
87	87	city, town, township, or othe r political corporation or subdivision
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139	139	of the state or the assent of a majority of the voters of the school
140	140	district, voting at an election, to be held for that purpose, nor,
141	141	in cases requiring such assent, shall any indeb tedness be allowed to
142	142	be incurred to an amount, including existing indebtedness, in the
143	143	aggregate exceeding five percent (5%) of the valuation of the
144	144	taxable property therein, to be ascerta ined from the last assessment
145	145	for state and county purposes previou s to the incurring of such
146	146	indebtedness: Provided, that if a school district ha s an absolute
147	147	need therefor, such district ma y, with the assent of th ree-fifths of
148	148	the voters thereof voting at an election to be held for that
149	149	purpose, incur indebtedness to a n amount, including existing
150	150	indebtedness, in the aggregate exceeding five perce nt (5%) but not
151	151	exceeding ten percent (10%) o f the valuation of the t axable property
152	152	therein, to be ascertain ed from the last assessment for state and
153	153	county purposes previous to the incurring of such indebtedn ess, for
154	154	the purpose of acquiring or improving school sites, constructing,
155	155	repairing, remodeling or equipping buildings, or acquiring school
156	156	furniture, fixtures, or equipment; and such assent to such
157	157	indebtedness shall be deemed to be a sufficient showing of such
158	158	absolute need, unless otherwise provid ed by law. Provided further,
159	159	that if a city or town has an absolute n eed therefor, such city or
160	160	town may, with the assent of three -fifths of the voters thereof
161	161	voting at an election to be held for that purpose , incur
162	162	indebtedness to an amount, including e xisting indebtedness, in the
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214	214	aggregate exceeding five percent (5%) but not exceeding ten percent
215	215	(10%) of the valuation of the taxable property therein, to be
216	216	ascertained from the last assessment for state and county purposes
217	217	previous to the incurring of s uch indebtedness, and such assent to
218	218	such indebtedness shall be deemed to be a sufficient showing of such
219	219	absolute need unless otherwise provided by law. Provided, further,
220	220	that any county, city, town, school district, or other political
221	221	corporation, or subdivision of the state , incurring any indebt edness
222	222	requiring the assent of the voters as aforesaid , shall, before or at
223	223	the time of doing so, provide for the collection of an annual tax
224	224	sufficient to pay the i nterest on such indebtedness as it falls due,
225	225	and also to constitute a sinking fund for the payment of the
226	226	principal thereof within twenty -five (25) years from the time of
227	227	contracting the same, and provided further that no thing in this
228	228	section shall preven t, under such conditions and limitations as
229	229	shall be prescribed by law, any school district from contracting
230	230	with:
231	231	(1) certificated personnel for periods e xtending one (1) year
232	232	beyond the current fiscal year; or
233	233	(2) a school superintendent for periods ex tending more than one
234	234	(1) year, but not to exc eed three (3) years beyond the current
235	235	fiscal year.
236	236	(b) If a county approves an exemption of household goods of the
237	237	heads of families and livestock employed in support of the family
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289	289	from ad valorem taxation pu rsuant to the provisions of subsection
290	290	(b) B of Section 6 of this article, the percentage lim itations on
291	291	indebtedness as specified in subsection (a) of this s ection for
292	292	political subdivisions or political corporations loca ted in any such
293	293	county shall be adju sted by multiplying the percentage levels
294	294	specified in subsection (a) of this section by th e millage
295	295	adjustment factor as specified in subsection (b) of Sec tion 8A of
296	296	this article.
297	297	(c) If approved by the people, the ame ndment to this section
298	298	shall become effective January 1, 1993.
299	299	SECTION 2. The Ballot Title for the propo sed Constitutional
300	300	amendment as set forth in SECTION 1 of this resolution shall be in
301	301	the following form:
302	302	BALLOT TITLE
303	303	Legislative Referendum No. ____ State Question No. _ ___
304	304	THE GIST OF THE PROPOSITION IS AS FOLLOWS:
305	305	This measure amends Section 26 of Article 10 of the Oklahoma
306	306	Constitution. This measure would allow a school district to
307	307	become indebted upon approval of a m ajority of the voters of the
308	308	school district, rathe r than the approval of three-fifths of the
309	309	voters of the school district.
310	310	SHALL THE PROPOSAL BE APPROVED?
311	311	FOR THE PROPOSAL — YES _____________
312	312	AGAINST THE PROPOSAL — NO _____________
313	313
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364	364	SECTION 3. The President Pro Tempore of the Senate shal l,
365	365	immediately after the passage of this resolution, prepare and file
366	366	one copy thereof, including the Ballot Title set forth in SECTION 2
367	367	hereof, with the Secretary of State and one copy with the Attorney
368	368	General.
369	369
370	370	59-1-1415 EB 1/3/2023 1:01:16 PM

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