Okla. Stat. tit. 70, § 70-9012
This is the official text of Okla. Stat. tit. 70, § 70-9012, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Modification of millage rate – Submission to voters –
Official statutory text
Petition - Limits.
After the formation of a higher education funding district
authorized by this act, the question of modification of an
operational millage rate may be submitted to the voters of the
district by resolution of the board of regents of the institution
within The Oklahoma State System of Higher Education for the benefit
of which the district has been created or upon a petition signed by
ten percent (10%) or more of the eligible voters residing within the
boundary of a district. No millage rate in excess of that provided
for in Section 9B of Article X of the Oklahoma Constitution may be
approved and no sinking fund millage rate for repayment of bonds or
other evidence of indebtedness may be modified pursuant to the
provisions of this section. The question of modification of an
operational millage rate may be submitted at either a General
Election or a special election with notice of the question to be
provided in advance of the election date in the same manner as
provided by law for similar questions pursuant to Section 9B of
Article X of the Oklahoma Constitution or enabling legislation
enacted pursuant to authority of that section.
After the formation of a higher education funding district
authorized by this act, the question of modification of an
operational millage rate may be submitted to the voters of the
district by resolution of the board of regents of the institution
within The Oklahoma State System of Higher Education for the benefit
of which the district has been created or upon a petition signed by
ten percent (10%) or more of the eligible voters residing within the
boundary of a district. No millage rate in excess of that provided
for in Section 9B of Article X of the Oklahoma Constitution may be
approved and no sinking fund millage rate for repayment of bonds or
other evidence of indebtedness may be modified pursuant to the
provisions of this section. The question of modification of an
operational millage rate may be submitted at either a General
Election or a special election with notice of the question to be
provided in advance of the election date in the same manner as
provided by law for similar questions pursuant to Section 9B of
Article X of the Oklahoma Constitution or enabling legislation
enacted pursuant to authority of that section.
Status: in_force · Read it on the official government site
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