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Oklahoma Legislature· SB 2145Second Reading referred to Rules

An act relating to public trusts, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1                              STATE OF OKLAHOMA

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2                  2nd Session of the 60th Legislature (2026)

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3 SENATE BILL 2145             By: Sacchieri
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5                              AS INTRODUCED

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6   An Act relating to public trusts; requiring public

6   trusts to obtain voter consent before issuance of

7   debt; providing construing language; providing for

7   codification; and providing an effective date.

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10 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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11  SECTION 1.        NEW LAW  A new section of law to be codified

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12 in the Oklahoma Statutes as Section 176.2 of Title 60, unless there
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13 is created a duplication in numbering, reads as follows:
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14  A. Any trust for the benefit of the state or a county or

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15 municipality within this state, shall be required to receive the
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16 consent of the majority of the registered voters of the state or
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17 such county or municipality voting at an election before each
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18 issuance of debt.
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19  B. The requirements of subsection A of this section shall apply

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20 to trusts authorized to issue debt pursuant to Articles X and XI of
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21 the Oklahoma Constitution.
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22  SECTION 2. This act shall become effective November 1, 2026.

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24  60-2-2474         QD       1/15/2026 1:37:22 PM

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    Req. No. 2474                                              Page 1
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