OK SB1212

Amends 68 O.S. 2021, Section 2866 to establish compliance requirements for county property tax equalization ratio studies conducted by the Oklahoma Tax Commission

Counties must achieve a median assessment level within the IAAO standard range of 0.90 to 1.10 of the county's constitutional assessment percentage for each property classification

Requires median assessed ratios to fall within a deviation range of 1.50% between each property classification to be certified as compliant with the State Board of Equalization

Assessment uniformity within a use category or stratum cannot exceed a coefficient of dispersion value of 20%

Effective date: November 1, 2026