OK HB3064

Oklahoma Tax Commission must create a standardized form for county assessors and treasurers to track disabled veterans and surviving spouses who sell their tax-exempt homesteads and purchase new ones after January 1 of each tax year

Disabled veterans and surviving spouses receiving property tax exemptions under Sections 8E and 8F of Article X of the Oklahoma Constitution must complete the form after closing on a real estate sale

County assessors must verify the form information and modify assessment rolls to apply the tax-exempt status to the veteran's or surviving spouse's newly acquired homestead

County assessors and treasurers must ensure an ad valorem property tax bill is sent to the former homestead that was previously exempt, restoring it to taxable status

Effective date: November 1, 2026