OK HB1963

Protects as confidential all sworn property lists and documents produced by taxpayers to assessors or boards of equalization during informal/formal hearings and ad valorem tax appeals in the Court of Tax Review or district court, making them unavailable under the Open Records Act.

Prohibits increase in ad valorem taxes due or assessed value following a final judgment in tax appeals filed under Sections 2880.1 or 2881, except in cases of omitted property.

Limits the amount of taxes paid under protest in valuation appeals to the difference between the assessed amount and taxes based on the taxpayer's asserted valuation, with caps based on assessor or taxpayer values initially submitted to the county board of equalization.

Modifies tax roll preparation procedures to clarify computation of taxes to the nearest dollar and establishes procedures for holding, investing, and apportioning taxes paid under protest with notification requirements to the State Auditor and school districts.

Declares an emergency, making the act effective upon passage and approval.