Oklahoma SB2145 requires voter consent for debt issuance by public trusts.
Oklahoma SB2145 mandates that any trust benefiting the state, a county, or a municipality must obtain the majority consent of registered voters before issuing debt. This requirement applies to trusts authorized to issue debt under Articles X and XI of the Oklahoma Constitution. The act will become effective November 1, 2026.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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