SB 1212 Oklahoma Senate · 2026 Regular Session

Ad Valorem Tax Code; equalization ratio study; prescribing compliance requirements for counties. Effective date.

SB 1212 requires Oklahoma counties to conduct annual equalization ratio studies comparing property assessed values to fair market values. Counties must meet strict standards: ratios must deviate no more than 0.75% from constitutional assessment limits for property types, and assessments within property categories must vary by no more than 20%. The Oklahoma Tax Commission must develop a computer system to monitor compliance but cannot remotely access county tax systems. The law takes effect November 1, 2026.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

Governor

Introduced Feb 2, 2026 Last action Mar 23, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

Committee Substitute → Floor (Senate) · 3 edits

MINOR

The bill was reformatted from a Committee Substitute version to a Senate Floor version, with minor text adjustments and page header changes. The substantive policy content regarding equalization ratio studies for property assessment remains unchanged.

TECHNICAL

Page headers and document titles were updated to reflect the Senate Floor version status.

Section numbering was reorganized to match Senate floor formatting standards.

Minor text formatting adjustments were made throughout the document.

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 23, 2026

Upper · Passed

Reported Do Pass, amended by committee substitute Revenue and Taxation committee; CR filed

upper

Feb 2, 2026

Introduced

First Reading

upper

2 primary · 0 co-sponsors