OK SB313

Amends 68 O.S. 2021, Section 3130 regarding monies received from property resale for delinquent taxes.

Requires that after all reasonable efforts to return excess proceeds to the property owner, any remaining proceeds shall be remitted to the State Treasurer for deposit in the Unclaimed Property Fund.

Clarifies that tax monies collected from resales (excluding excess proceeds) shall be credited and apportioned as if taxes were paid on time, with penalties, listing fees, and publication costs credited to the county's resale property fund.

Maintains existing procedures for properties sold for both ad valorem and special improvement taxes, requiring the county treasurer to apportion proceeds ratably between accounts based on the ratio of proceeds to total published tax due.

Becomes effective November 1, 2025.