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OK HJR1021
Joint Resolution
Status
2/2/2015
Primary Sponsor
Eric Proctor
Click for details
AI Summary
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Directs the Secretary of State to refer a proposed constitutional amendment to Oklahoma voters for approval or rejection in the 2015 legislative session.
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Adds Section 8F to Article X of the Oklahoma Constitution to provide a $50,000 homestead exemption deducted from fair cash value of homestead property.
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Requires homestead owners or co-owners to have owned the property for 30 years prior to claiming the exemption and must not be delinquent on any prior ad valorem tax payments.
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Establishes that this exemption is in addition to any other exemptions authorized by the Oklahoma Constitution or statutes.
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Requires the Chief Clerk of the House to file copies of the resolution and ballot title with the Secretary of State and Attorney General immediately after passage.
Legislative Description
Oklahoma Constitution; homestead; ad valorem exemption; ballot title; filing.
Property
Last Action
Second Reading referred to Rules
2/3/2015