SJR 38 Oklahoma Senate · 2026 Regular Session

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

SJR 38 proposes a constitutional amendment requiring the Tobacco Settlement Endowment Trust Fund to divest 5% of its assets annually (by November 1) and deposit the proceeds into the Health Care Enhancement Fund. This affects the trust fund, which manages Oklahoma's tobacco settlement funds, and directs the Legislature to appropriate these funds for health-related purposes like medical care and prevention programs. The amendment does not change existing trust fund investments but mandates a fixed annual transfer to support health initiatives at the Legislature's discretion.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 2, 2026 Last action Mar 3, 2026
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Feb 2, 2026
Introduced
First Reading
upper
2 primary · 0 co-sponsors

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