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HJR 1077

Oklahoma Constitution; Tobacco Settlement Endowment Trust; eliminating the Board of Directors; Board of Investors; annual distribution of earnings; ballot title; filing.

2026 Regular Session Introduced by Trey Caldwell and 1 co-sponsor

Oklahoma HJR 1077 proposes a constitutional amendment establishing a new state revenue allocation system requiring voter approval and permanently restructuring how future state funding is managed.

Reported Do Pass, amended by committee substitute Rules committee; CR filed
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WeVote Research Nonpartisan
Bill Summary · HJR 1077

Legislative bill overview

HJR 1077 is a joint resolution proposing a constitutional amendment for Oklahoma that would establish a new funding mechanism called the "Funding the Future Resolution of 2026." The bill would require voter approval through a ballot measure to amend the state constitution regarding how future state revenues are allocated or managed.

Why is this important

Constitutional amendments in Oklahoma require joint resolution approval and voter ratification, making them among the most significant legislative actions. This resolution, if passed by the legislature and approved by voters, would permanently alter Oklahoma's fiscal framework, potentially affecting how state government funds operations, services, and programs for decades to come.

Potential points of contention

  • Vagueness of current information: The bill's specific funding mechanism and revenue sources are not detailed in available records, making it difficult to assess which state services or taxpayers would be affected
  • Constitutional permanence: Once voters approve, changing this funding structure would require another constitutional amendment, limiting future legislative flexibility during economic downturns or shifting priorities
  • Transparency concerns: The resolution appears early in the legislative process with limited public discussion, raising questions about stakeholder input before the bill advances further

Compiled from official sources — confirm details with the bill’s official record.

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