Bill
HB 1198
Revenue and taxation; ad valorem; homestead exemption; definition; effective date.
2026 Regular Session
Introduced by Cody Maynard and 1 co-sponsor
HB 1198 redefines Oklahoma's homestead property tax exemption, affecting which homeowners qualify for reduced ad valorem taxes and local government revenues.
Recommendation to the full committee; Do Pass, amended by committee substitute Appropriations and Budget Finance Subcommittee