Constitutional amendment; creating the Taxpayer's Bill of Rights.

SJR 25 proposes a constitutional amendment known as the "Taxpayer's Bill of Rights" that would require voter approval for most new or increased taxes, debt issuances, and certain spending changes by Oklahoma state and local governments. It establishes mechanisms for taxpayers to sue if taxes are collected illegally, with refunds plus interest for improperly collected funds, and limits annual spending growth for governments based on property value or enrollment changes. The amendment would prohibit new local income taxes, restrict property transfer taxes, and mandate specific voter disclosures before tax or debt votes, directly affecting all Oklahoma taxpayers and government entities.