OK SJR4

Proposes amendment to Section 8C of Article X of the Oklahoma Constitution to remove income eligibility limits for homeowners age 65 or older claiming property tax benefit on fair cash value.

Removes requirement that gross household income not exceed amount determined by HUD median income threshold; benefit would apply to all seniors 65+ regardless of income starting January 1, 2013.

Homestead property value would remain frozen at amount established when owner first turned 65, with increases allowed only for improvements made to property.

Requires Secretary of State to refer proposed amendment to voters with specified ballot title explaining the measure would allow any person 65 or older to qualify for the property tax benefit.

President Pro Tempore of Senate must file one copy with Secretary of State and one with Attorney General immediately after passage.