SB 333 amends Oklahoma's Housing Authorities Act to update the definition of "area of operation" for city housing authorities. It specifically allows active, certified city housing authorities to use American Rescue Plan Act (ARPA) and Coronavirus State and Local Fiscal Recovery Funds (SLFRF) for projects anywhere in the state until December 31, 2027, provided they consult with the city, county, and other housing authorities in the project area. This change applies only to ARPA/SLFRF-funded projects and does not alter existing boundaries for other housing initiatives. The amendment becomes effective November 1, 2025.
SB 681 amends Oklahoma's property tax notice requirements to ensure homeowners with homestead properties receive clear information about value limits. Specifically, it requires county assessors to include details on applying for a "limit on fair cash value" (a homestead property tax cap) in written notices when property valuations increase. This applies directly to Oklahoma homeowners whose primary residence qualifies as a homestead under state law. The bill does not change tax rates but improves transparency in the notification process for affected property owners.
SB 128 extends the required notice period for eviction cases (forcible entry and detainer) in Oklahoma from 3 days to 7 days before the court hearing for most cases, while maintaining a 3-day requirement for emergency evictions under specific subsections of Oklahoma law. It also updates summons language to be plain and understandable, requires public access to the summons form via the court website, and makes certain legal terms gender-neutral. The bill would have affected tenants and landlords in eviction proceedings by giving defendants more time to prepare. However, this bill was vetoed by the Governor on May 5, 2025, and is not currently law.
HB 2745 creates new tax deductions for Oklahoma banks and credit unions that earn interest on qualifying agricultural and housing loans. It allows institutions to deduct up to $500,000 annually (for those with over $750 million in Oklahoma deposits) or $250,000 (for smaller institutions) from their privilege tax bill. The deductions apply to interest earned on agricultural real estate loans, agricultural operating loans, and single-family residence loans made between 2025 and 2028. Total deductions across all institutions are capped at $5 million per year, with annual adjustments to maintain this limit.
SB 484 prohibits municipalities with populations under 300,000 (per the latest federal census) from approving new schools, shelters, or homeless shelters operated within places of worship near existing schools, hospitals, or government buildings. The bill directly affects smaller Oklahoma cities and towns by restricting where certain facilities can be built. Key provisions remove ambiguous language about "property" and explicitly include homeless shelters in places of worship within the prohibited locations. This creates a clear geographic restriction to prevent new facilities from being sited adjacent to existing community infrastructure.
SB 274 requires landlords receiving certain affordable housing tax credits (under federal or Oklahoma law) to implement a criminal history screening policy for tenant applications. It prohibits blanket denials based on criminal records and mandates an individualized review considering factors like the offense's seriousness, time since conviction, rehabilitation efforts, and relevance to tenant behavior. Landlords must provide applicants with the right to submit supporting documentation during this review process. The policy applies to tax credit awards starting January 1, 2026, and the Oklahoma Housing Finance Agency will ensure compliance with these requirements.