Ad valorem tax; providing exception to property included on tax rolls. Effective date.

SB 1828 exempts properties with an assessed value under $200 (after adjustments) from Oklahoma county tax rolls starting in 2027. This applies to all real estate, personal property, and public service accounts valued below this threshold. County assessors must exclude these low-value properties from tax roll listings, simplifying record-keeping for minor holdings. The bill directly affects owners of very low-value properties, such as small parcels or minimal personal assets, by removing them from formal tax roll documentation.