HB 3751 expands Oklahoma's homestead property tax exemption to include mobile homes and site-built homes (whether on owned or rented/leased land) when occupied as a primary residence. It clarifies that owners must actually reside there to qualify, with special provisions for tornado victims (2013+ disasters with federal disaster declarations). The bill defines rural homesteads as up to 160 acres and urban homesteads as no more than 1 acre. It takes effect January 1, 2027.
HB 3846 creates a new property tax exemption for affordable housing projects financed through Low Income Housing Tax Credits (LIHTC) under federal law. It directly affects developers and operators of such housing who receive LIHTC financing. The bill requires these properties to maintain at least 75% occupancy - either as a single-family dwelling or with an average 75% rate across multi-family units - to keep the tax exemption. If occupancy falls below this threshold, the property loses its exemption for the next assessment year, requiring annual reporting to county assessors.
This bill increases Oklahoma's standard homestead property tax exemption from $1,000 to $2,315, with automatic inflation adjustments every five years starting January 1, 2032. It also creates a new $2,315 exemption for heads of households earning under $30,000 annually in total household income (excluding certain benefits like Social Security or stimulus payments). Homeowners must apply annually for the income-based exemption unless aged 65+, with income verification required through the Oklahoma Tax Commission. The changes take effect January 1, 2027.
This proposed constitutional amendment (HJR 1041) would expand Oklahoma's homestead exemption to include surviving spouses of veterans who died in military service and received "Gold Star" status from the U.S. Department of Defense. It would allow these surviving spouses to claim a full property tax exemption on their homestead until they remarry, provided they reside in Oklahoma and previously qualified for the homestead exemption. The change applies retroactively to properties owned as of the 2014 calendar year by surviving spouses of veterans previously determined to have died in duty. This is a voter-approved constitutional amendment, not a law, and would require approval in a statewide referendum.
This bill proposes a constitutional amendment to change Oklahoma's homestead property tax rules. Currently, seniors aged 65+ qualify for a tax limit on their primary home only if their household income stays below a yearly threshold set by the federal government. The amendment would eliminate that income requirement while keeping the age limit (65+) and adding a new rule: the homeowner must own the property free of any mortgage or debt. It would apply to seniors who meet these conditions and require voter approval through a state question.
This proposed constitutional amendment (HJR 1045) would limit annual increases in the assessed value of primary residences (homesteads) for property tax purposes. It applies to homeowners who have owned and occupied their home for at least 10 years and whose gross household income stays below HUD's low-income threshold for their county. If these conditions are met, the property's tax assessment cannot exceed the value from the 10th year of ownership, even if the home's market value rises. If the homeowner's income exceeds the HUD threshold or they stop living in the home, the tax assessment reverts to standard rules.
SB 1815 expands homestead exemption eligibility for manufactured home owners in Oklahoma who do not own the land their home sits on. It allows these residents to apply for the exemption if the home is their actual primary residence and they meet other standard requirements. The bill amends statutes to clarify that manufactured homes qualify for homestead exemption regardless of land ownership status, increasing the exemption for qualifying owners. This change directly affects manufactured home residents living on rented land who previously could not access this property tax benefit.
SB 1999 expands eligibility for Oklahoma's homestead property tax exemption to include manufactured home owners residing on land they don't own and owners of fixed structures (like permanent additions) on rented property, provided they live there. It amends existing law to clarify that these groups may apply for the exemption if they meet standard residency and ownership requirements. The key change removes previous barriers for these property types, allowing them to qualify for the same tax break as traditional homeowners. This directly affects low-to-moderate income residents living in manufactured homes on leased land or with permanent structures on rented property.
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.
SJR 23 proposes moving Oklahoma's property tax rules from the state constitution to statutes while introducing alternatives for local taxation. It would fully exempt the primary residence value of Oklahomans aged 65+ from property taxes, allow temporary freezes on property values for other residents, and authorize counties to replace property taxes with voter-approved consumption taxes (like a sales tax) for local funding. The bill modifies how homestead property values are calculated and sets new caps on value increases for qualifying homes. This would directly affect homeowners (especially seniors), counties (which could propose new tax structures), and voters (who must approve tax changes).
