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HB 1198

Revenue and taxation; ad valorem; homestead exemption; definition; effective date.

2025 Regular Session Introduced by Cody Maynard and 1 co-sponsor

HB 1198 redefines Oklahoma homestead exemptions for property tax purposes, adjusting tax relief eligibility or amount for qualifying homeowners while affecting local government revenue.

Recommendation to the full committee; Do Pass, amended by committee substitute Appropriations and Budget Finance Subcommittee
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