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OK SB335

Bill

Status

Passed

5/8/2015

Primary Sponsor

Lee Denney

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Origin

Senate

2015 Regular Session

AI Summary

  • Amends 68 O.S. 2011, Section 2851, which governs pipeline company property reporting for ad valorem tax purposes
  • Requires the Oklahoma Tax Commission to provide county assessors with detailed schedules showing pipeline company property descriptions and values organized by taxing jurisdiction (city, school district, and county)
  • Ensures pipeline company property is reported to and tax revenues are attributed to the correct taxing jurisdictions where the property is actually located
  • Becomes effective November 1, 2015

Legislative Description

Ad valorem tax; requiring Oklahoma Tax Commission to provide county assessor certain schedule for specified purpose. Effective date.

Last Action

Approved by Governor 05/08/2015

5/8/2015

Committee Referrals

Appropriations and Budget General Government Subcommittee3/11/2015
Appropriations and Budget3/10/2015
Finance2/3/2015

Full Bill Text

No bill text available