OK HB4278

Oklahoma Tax Commission must create a standardized form for county assessors and treasurers to track disabled veterans and surviving spouses who sell their homestead and purchase a new one after January 1 of any assessment year

Disabled veterans and surviving spouses receiving property tax exemptions under Sections 8E and 8F of the Oklahoma Constitution must complete the form after a real estate closing to document their prior exempt status

County assessors must verify the form information and modify assessment rolls to apply the tax exemption to the newly acquired homestead within the same calendar year of purchase

County assessors and treasurers must ensure ad valorem tax bills are sent to new owners of properties formerly occupied by exempt disabled veterans or surviving spouses when recording delays prevented billing

Effective date: November 1, 2026