Oklahoma SJR38: Constitutional amendment; requiring divestment of certain assets from the Tobacco Settlement Endowment Trust Fund and deposit of proceeds into specified fund.

What the bill says

A Joint Resolution directing the Secretary of State to refer to the people for their approval or rejection a proposed amendment to Section 40 of Article X of the Oklahoma Constitution; requiring divestment of certain assets and deposit of proceeds into specified fund; providing for appropriation of proceeds for specified purpose; providing ballot title; and directing filing.

From the introduced text, January 14, 2026:

A Joint Resolution directing the Secretary of State to refer to the people for their approval or rejection a proposed amendment to Section 40 of Article X of the Oklahoma Constitution; requiring divestment of certain assets and deposit of proceeds into specified fund; providing for appropriation of proceeds for specified purpose; providing ballot title; and directing filing. BE IT RESOLVED BY THE SENATE AND THE HOUSE OF REPRESENTATIVES OF THE 2ND SESSION OF THE 60TH OKLAHOMA LEGISLATURE: SECTION 1. The Secretary of State shall refer to the people for their approval or rejection, as and in the manner provided by law, the following proposed amendment to Section 40 of Article X of the Oklahoma Constitution to read as follows: Section 40. A. There is hereby created a trust fund to be known as the "Tobacco Settlement Endowment Trust Fund". The trust fund principal shall consist of the portion of monies which are received by the State of Oklahoma on or after July 1, 2001, pursuant to any settlement with or judgment against any tobacco company or companies as provided by subsection B of this section, and any other Req. No. 3421 Page 1 monies that may be appropriated or otherwise directed to the trust fund by the Legislature. B. 1. Deposits into the trust fund from monies which are received …

Read the full official text

Sponsors

• Brent Howard (R, SD-038) · primary sponsor

Latest actions

1. March 3, 2026: Coauthored by Representative Fetgatter (principal House author)
2. February 3, 2026: Second Reading referred to Rules
3. February 2, 2026: Authored by Senator Howard
4. February 2, 2026: First Reading

Common questions

What is SJR38?

SJR38 is a bill in the Oklahoma Legislature (2026 Regular Session): Constitutional amendment; requiring divestment of certain assets from the Tobacco Settlement Endowment Trust Fund and deposit of proceeds into specified fund.

What does SJR38 do?

In its own words: A Joint Resolution directing the Secretary of State to refer to the people for their approval or rejection a proposed amendment to Section 40 of Article X of the Oklahoma Constitution; requiring divestment of certain assets and deposit of proceeds into specified fund; providing for appropriation of proceeds for specified purpose; providing ballot title; and directing filing.

What is the status of SJR38?

In committee as of March 3, 2026. Latest action: Coauthored by Representative Fetgatter (principal House author) (March 3, 2026).

Who sponsored SJR38?

Brent Howard (R, SD-038).

Where is the official record for SJR38?

On the Oklahoma Legislature website: https://www.oklegislature.gov/BillInfo.aspx?Bill=SJR38&Session=2600