S.J.Res.29

Oklahoma SJR29 proposes a constitutional amendment to prohibit state and local governments from extending credit or funding to private entities.

Oklahoma SJR29 proposes a constitutional amendment to add a new Section 44 to Article X, prohibiting the state and its political subdivisions from lending credit, guaranteeing debt, or providing financial subsidies to private individuals, corporations, or associations unless for clearly defined public purposes approved by law. This measure aims to ensure that any financial support from the state or its subdivisions is only for purposes that have been explicitly approved by law and serve the public interest.