Revenue and taxation; ad valorem; homestead definition; mobile home; site-built home; effective date.

Also relevant to:Homeowner

Where it is in the process

Plain-English Summary

This bill changes the definition of "homestead" for property tax exemptions in Oklahoma. It expands the definition to include manufactured homes and site-built homes, even if they are on rented or leased land, as long as the person living there owns the home. This would allow more people who live in these types of homes to qualify for a homestead exemption on their property taxes.

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