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OK SB1828

OK SB1828
Ad valorem tax; providing exception to property included on tax rolls. Effective date.


summary

Introduced
02/02/2026
In Committee
02/03/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act relating to ad valorem tax; requiring the exclusion of certain taxable accounts and lands from the preparation of county tax rolls; amending 68 O.S. 2021, Section 2868, which relates to tax rolls containing adjustments; providing exception to property included in tax rolls; updating statutory language; making language gender neutral; providing for codification; and providing an effective date.

AI Summary

This bill, effective November 1, 2026, creates an exception to the standard process of preparing county tax rolls by requiring the exclusion of certain taxable accounts and lands. Specifically, for tax years 2027 and beyond, any real, personal, or public service accounts with an assessed value, after any adjustments, of less than $200 will not be included on the tax rolls. The bill also amends existing law regarding tax rolls to reflect this change, ensuring that language is gender-neutral and updating statutory references. The purpose of this change is to streamline the tax roll preparation process by removing very low-value properties that may not be cost-effective to administer.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee (on 02/03/2026)

bill text


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