SB 681 Oklahoma Senate · 2026 Regular Session

Ad valorem tax; requiring notice of valuation increase to include information on limitation of fair cash value. Effective date.

SB 681 amends Oklahoma's property tax notice requirements to ensure homeowners with homestead properties receive clear information about value limits. Specifically, it requires county assessors to include details on applying for a "limit on fair cash value" (a homestead property tax cap) in written notices when property valuations increase. This applies directly to Oklahoma homeowners whose primary residence qualifies as a homestead under state law. The bill does not change tax rates but improves transparency in the notification process for affected property owners.
Bill status signed all 5 stages cleared
Introduction
Feb 2025
Committee Review
May 2025
Senate Passage
Mar 2025
House Passage
May 2025
Signed into Law
May 2025
Introduced Feb 3, 2025 Signed May 12, 2025
Maddy AI version diff · 4 comparisons

What changed between versions

Floor (House) Floor (Senate) · 5 edits
MODERATE
This bill amends Oklahoma's property tax notice requirements to ensure taxpayers receive specific information about valuation increases, including fair cash value details and homestead limitations. The Senate version adds provisions allowing county assessors to suspend notifications for certain property owners if mailing would create an undue burden, and clarifies protest procedures.
Scope change
The bill applies to all property owners receiving valuation increase notices, with new protections for those exempt from ad valorem taxes.
REQUIREMENT

Added requirement that notices for homestead properties must include information about fair cash value limitations under Section 8C of Article X of the Oklahoma Constitution

Added provision allowing county assessors to suspend notifications to property owners exempt from ad valorem tax if mailing would create an undue burden

Modified protest filing requirements to allow corrections for scrivener's errors or admitted errors by the county assessor, extending the 30-day protest period

Added requirement that appeal forms be mailed to both county assessor and county board of equalization

TECHNICAL

Changed document header from House version to Senate Floor Version with updated date

Floor votes · Senate Mar 26, 2025 · House May 1, 2025

How they voted

470
Passed · 2 other
Total votes 49
Mar 26, 2025
D Democratic9
8 Yea 1
88% Yea
R Republican40
39 Yea 1
97% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
24
Key actions
7
Committee
6
May 12, 2025
Signed into law
Approved by Governor 05/08/2025
upper
May 1, 2025
Committee
Referred for enrollment
upper
May 1, 2025
Lower · Passed
Third Reading, Measure passed: Ayes: 81 Nays: 0
lower
Apr 17, 2025
Lower · Passed
CR; Do Pass Appropriations and Budget Committee
lower
Apr 10, 2025
Lower · Passed
Recommendation to the full committee; Do Pass Appropriations and Budget Finance Subcommittee
lower
Apr 2, 2025
Committee
Referred to Appropriations and Budget Finance Subcommittee
lower
Mar 27, 2025
Introduced
First Reading
lower
Mar 27, 2025
Upper · Passed
Engrossed to House
upper
Mar 26, 2025
Committee
Referred for engrossment
upper
Mar 26, 2025
Upper · Passed
Measure passed: Ayes: 45 Nays: 0
upper
Feb 10, 2025
Upper · Passed
Reported Do Pass Revenue and Taxation committee; CR filed
upper
Feb 3, 2025
Introduced
First Reading
upper
2 primary · 0 co-sponsors

Sponsors