HJR 1080 Summary

• Directs the Secretary of State to refer a proposed constitutional amendment to voters for approval, adding Section 8F to Article X of the Oklahoma Constitution

• Establishes a $20,000 homestead exemption from fair cash value for owners who have held the homestead for at least 30 years prior to claiming the exemption

• Requires that homestead owners be current on all ad valorem property tax payments (not delinquent) for any prior year to qualify for the exemption

• Specifies that this exemption is in addition to any other exemptions authorized by the Oklahoma Constitution or statutes

• Includes ballot title and language for the referendum question and requires the Chief Clerk to file the resolution with the Secretary of State and Attorney General