Constitutional amendment; relating to tax credit protection.,

This constitutional amendment (SJR 2) establishes a new budgeting framework for Oklahoma by amending Article X of the state constitution. It requires the State Board of Equalization to annually certify revenue estimates and sets a spending limit equal to 95% of the estimated revenue for the next fiscal year, adjusted for inflation and population growth. The bill also renames the "Constitutional Reserve Fund" as the "Constitutional Emergency Fund," modifies its funding rules, and creates specific procedures for budget adjustments during revenue shortfalls. These changes directly affect state budget planning by the Legislature and State Board of Equalization, requiring voter approval for spending above the certified limit.