Oklahoma HJR1076 proposes to amend the state constitution to eliminate the Tobacco Settlement Endowment Trust Board of Directors and replace it with.
Oklahoma HJR1076 is a joint resolution that seeks to amend the Oklahoma Constitution by eliminating the Tobacco Settlement Endowment Trust's Board of Directors and establishing a new Board of Investors. The resolution also mandates the annual distribution of earnings from the trust. The resolution requires the Chief Clerk of the House of Representatives to file copies with the Secretary of State and the Attorney General upon passage. This change aims to streamline the governance structure of the trust while ensuring continued financial benefits.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.