Bill > SJR10

This joint resolution proposes a constitutional amendment to expand property tax exemptions for veterans in Oklahoma. Specifically, it would modify Sections 8D and 8E of Article X of the Oklahoma Constitution to provide ad valorem (property) tax exemptions for all honorably discharged veterans and their unremarried surviving spouses, not just those with 100% disability. The changes would take effect for tax years 2026 and beyond, extending previous exemptions that were more limited. The resolution would allow full exemption from taxation for household personal property and the full cash value of homesteads for eligible veterans and their spouses. It includes provisions requiring proof of Oklahoma residency and allows for transferability of the exemption if a qualifying veteran or spouse moves to a new home. The resolution directs the Secretary of State to refer the proposed amendment to voters for approval, with a ballot title that summarizes the key changes. The underlying motivation, as stated in the preamble, is to honor veterans and provide financial relief in recognition of their service and sacrifices to the United States and Oklahoma.

http://www.oklegislature.gov/BillInfo.aspx?Bill=sjr10&Session=2600