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OK HJR1021

Joint Resolution

Status

Introduced

2/2/2015

Primary Sponsor

Eric Proctor

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Directs the Secretary of State to refer a proposed constitutional amendment to Oklahoma voters for approval or rejection in the 2015 legislative session.

  • 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.

  • 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.

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

  • 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

Committee Referrals

Rules2/3/2015

Full Bill Text

No bill text available