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OK HJR1009
Joint Resolution
Status
3/17/2014
Primary Sponsor
David Dank
Click for details
AI Summary
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Proposes amendment to Section 8C of Article X of Oklahoma Constitution to remove income limits for homestead property tax protection for seniors aged 65+
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Currently, seniors 65+ with homesteads can qualify for frozen property tax valuations if their household income does not exceed a threshold amount determined by HUD median income guidelines
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Proposed change would eliminate the income threshold requirement, allowing any person 65+ years old to qualify for the homestead property tax freeze regardless of household income level
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Effective date of amendment would be January 1, 2015
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Directs Secretary of State to refer amendment to voters and provides specific ballot language for public approval or rejection
Legislative Description
Oklahoma Constitution; property tax; valuation increases; homesteads; ballot title; filing.
Revenue and Taxation
Last Action
Second Reading referred to Rules
3/19/2014