Bill > HB1663

This bill modifies Oklahoma's ad valorem (property) tax sale procedures, introducing several key changes to how delinquent property tax sales are conducted. The legislation updates provisions related to property tax redemption, allowing property owners or those with legal interest to redeem property before the start of a resale auction, with special provisions for minors or mentally incapacitated individuals. The bill authorizes county treasurers to conduct tax sales either through traditional in-person auctions or online auctions during the second Monday of June, providing more flexibility in the sale process. Notably, the bill includes provisions that minor errors in advertising or conducting the sale will not invalidate the tax sale, and expands payment methods to include certified funds and online payments. The legislation also provides detailed guidelines for handling "nuisance properties" - properties with liens or environmental issues that may make them difficult to sell - giving county treasurers more discretion in managing such properties. Additionally, the bill requires county treasurers to provide the Oklahoma Health Care Authority with lists of properties being sold at tax resales and clarifies liability protections for counties that acquire properties through tax sales. The bill is set to become effective on November 1, 2025, giving local governments time to prepare for the new procedures.

Budget and Finance, Government Affairs

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1663&Session=2600