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OK HJR1001
Joint Resolution
Status
3/15/2011
Primary Sponsor
David Dank
Click for details
AI Summary
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Proposes constitutional amendment to Section 8C of Article X, removing income limits for seniors aged 65+ to qualify for homestead property tax freeze.
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Eliminates the requirement that homeowners' gross household income not exceed HUD-determined median income for their county to maintain the senior freeze benefit.
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Changes effective date from 2005 to January 1, 2013, allowing seniors of any income level to have their homestead value frozen at the level when they turned 65.
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Establishes ballot title and directs Secretary of State to refer the amendment to voters for approval, with filing instructions for the House Chief Clerk and Attorney General.
Legislative Description
Oklahoma Constitution; ad valorem taxation; senior freeze; homestead exemption; qualifying income limit; ballot title; filing.
Revenue and Taxation
Last Action
Remove as author Senator Reynolds; authored by Senator Mazzei
4/19/2011