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OK SB2106

OK SB2106
Cities and towns; requiring compensation to certain property owners in certain circumstances. Effective date.


summary

Introduced
02/02/2026
In Committee
02/24/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act relating to cities and towns; requiring municipalities to compensate certain property owners in certain circumstances; providing for codification; and providing an effective date.

AI Summary

This bill requires cities and towns (municipalities) to financially compensate property owners if the municipality uses a "reversion ordinance" to change a property's zoning back to a previous designation, and this change negatively impacts the property's value. A reversion ordinance is a rule that reverts zoning to an earlier classification. The compensation amount will be the difference between the property's appraised value before and after the zoning reversion, and this law will take effect on November 1, 2026.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Placed on General Order (on 02/26/2026)

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