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HJR 1026 Oklahoma House · 2026 Regular Session

Oklahoma Constitution; ad valorem; fair cash value for homestead exemption; ballot title; filing.

This bill proposes a constitutional amendment to Oklahoma's Section 8C, modifying the income threshold for seniors aged 65+ to qualify for a homestead property tax benefit. Currently, eligibility is based on HUD's county-specific median income; the bill would change this to triple the state's median income (using a single statewide figure instead of county-by-county). This change would allow more seniors to maintain their frozen property tax valuation after turning 65, provided their household income stays below the new threshold. The amendment requires voter approval via ballot referendum.
Issues: ✓ Budget & TaxesSupports Budget & TaxesModifies homestead exemption to lower income threshold, expanding tax relief for seniors. Directly reduces property tax burden for qualifying households.95% confidence ✓ HousingSupports HousingExpands homestead tax exemption eligibility for seniors, reducing property tax burden to maintain housing stability for vulnerable homeowners.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2025 Last action Feb 4, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Proposed Committee Substitute (full committee) 1 · 3 edits
MINOR
The bill was amended from its original introduced version to a proposed committee substitute version by replacing the entire text with a new version. The substantive policy changes include increasing the income threshold for property tax benefits from double to triple the median income, updating the ballot title language to reflect this change, and modifying page numbering and formatting requirements.
Scope change
The scope of eligibility for property tax benefits was expanded by increasing the income threshold from double to triple the median income, allowing more homeowners to qualify for the benefit.
ELIGIBILITY

Income threshold for property tax benefits increased from double to triple the median income determined by HUD, expanding eligibility for more homeowners.

REQUIREMENT

Ballot title language was updated to reflect the new triple median income threshold instead of the previous double threshold.

TECHNICAL

Page numbering and document formatting were updated from Req. No. 11070 to Req. No. 12602, indicating this is a revised version of the document.

Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
0
Feb 3, 2025
Introduced
First Reading
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Max Wolfley
Max Wolfley
RRepublican
OK
95