OK HJR1084

Proposes constitutional amendment adding Section 8F to Article X prohibiting increases in property tax liability for single-family residences damaged or destroyed by natural disasters while uninhabitable.

Tax increase prohibition applies only to residences located in counties with gubernatorial disaster declarations where the home became uninhabitable as direct result of the declared disaster.

Tax increase cap remains in effect until the first January 1st following the calendar year when the residence was repaired/rebuilt and safely reoccupied by owner.

Exemption applies regardless of whether damaged property was annexed into new local taxing jurisdiction boundaries and extends to tax rates levied for debt payment including general obligation bonds.

Directs Secretary of State to refer proposed amendment to voters with specified ballot title and requires filing with Attorney General.