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OK SB1212

Bill

Official Source

Status

Introduced

2/1/2016

Primary Sponsor

Don Barrington

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Origin

Senate

2016 Regular Session

AI Summary

  • Expands tax sale exemption for delinquent property taxes from only counties with populations over 100,000 to all Oklahoma counties

  • Protects single-family residential properties from tax sale when the owner-occupant is 65 or older or totally disabled and owes the delinquent taxes

  • Removes previous requirements that the owner's income not exceed HHS Poverty Guidelines and that the property value not exceed $125,000

  • Property must not be used as rental property to qualify for the exemption

  • Effective date of January 1, 2017

Legislative Description

Ad valorem taxes; modifying conditions for exemption from sale of property with delinquent taxes. Effective date.

Last Action

Second Reading referred to Finance

2/2/2016

Committee Referrals

Finance2/2/2016

Full Bill Text

No bill text available