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Bill > HB4278
OK HB4278
OK HB4278Revenue and taxation; ad valorem; Oklahoma Tax Commission; form; county assessor; disabled veteran and surviving spouse; effective date.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/03/2026
02/03/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act relating to revenue and taxation; requiring the Oklahoma Tax Commission to prescribe form for use by each county assessor and county treasurer; mandating disabled veterans and their surviving spouse to use such form after a real estate closing; providing for the form to include information relating to previously receiving exempt treatment; requiring the county assessor the use form and take steps as necessary to modify assessment roll; mandating the county assessor and county treasurer to take required steps to ensure an ad valorem tax bill is sent to homestead formerly occupied by disabled veteran or their surviving spouse; providing for codification; and providing an effective date.
AI Summary
This bill requires the Oklahoma Tax Commission to create a specific form that county assessors and county treasurers must use, and that disabled veterans and their surviving spouses must complete after buying a new home, known as a homestead. This form will confirm if they previously received tax exemptions for their former homestead, which refers to their primary residence. The county assessor will then use this information to update the property tax records to reflect the new homestead's tax-exempt status for the year it's acquired, and both the assessor and treasurer will ensure that property tax bills are sent for the homestead that was previously occupied by the disabled veteran or surviving spouse, especially if there was a delay in updating eligibility for the tax exemption. This act will take effect on November 1, 2026.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to Appropriations and Budget General Government Subcommittee (on 02/03/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=hb4278&Session=2600 |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/hB/HB4278%20INT.PDF |
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