Oklahoma Constitution; Tobacco Settlement Endowment Trust; eliminating the Board of Directors; Board of Investors; annual distribution of earnings; ballot title; filing.
Coauthored by Representative Wolfley
Summary
The joint resolution requires the House Chief Clerk to file copies of the measure with the Secretary of State and Attorney General. It targets the Tobacco Settlement Endowment Trust, proposing to eliminate its Board of Directors, create a new Board of Investors, and require annual distribution of earnings. The changes would reshape how the trust’s assets are overseen and used.
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