HB 3698 creates the Student Eviction Assistance Revolving Fund within Oklahoma's State Department of Education to address housing instability affecting students. The fund provides legal representation for low-income families (indigent tenants) with children enrolled in pre-K through 12th grade facing eviction (forcible entry/detainer cases), with referrals required through their school district. Funding comes from state appropriations, federal grants, and donations, and is allocated across all 77 counties based on poverty rates and chronic absenteeism data. The bill mandates annual audits of legal service organizations, requires detailed expenditure reports to state leaders, and takes effect November 1, 2026.
HB 3751 expands Oklahoma's homestead property tax exemption to include mobile homes and site-built homes (whether on owned or rented/leased land) when occupied as a primary residence. It clarifies that owners must actually reside there to qualify, with special provisions for tornado victims (2013+ disasters with federal disaster declarations). The bill defines rural homesteads as up to 160 acres and urban homesteads as no more than 1 acre. It takes effect January 1, 2027.
HB 1064 defines a "hedge fund" as an investment entity focused on high-return equity investments (excluding pension funds, banks, and other financial institutions whose main business isn't equity investing). The bill prohibits hedge funds and their subsidiaries from acquiring single-family residential properties in Oklahoma. It also requires hedge funds already owning such properties as of November 1, 2025, to sell them within 10 years - without selling to another hedge fund or subsidiary. The law aims to limit hedge fund ownership of residential housing by restricting new acquisitions and mandating divestment of existing holdings.
HB 2147 creates a new legal process for Oklahoma municipalities to place liens on non-owner-occupied properties for unpaid housing and building code violations, including fines, penalties, and enforcement costs. The bill allows cities to enforce these liens through judicial foreclosure, requiring property owners to pay the full "lien payoff" (including interest and fees) to avoid losing the property. It specifically excludes owner-occupied homes (such as homesteads or properties occupied by residents) from this enforcement. Municipal code liens rank above most other property claims but below tax liens, and the law establishes clear redemption procedures for owners seeking to retain their property.
SB 877 requires Oklahoma real estate licensees (brokers and sales associates) to complete continuing education on "deed theft" prevention by November 1, 2028. It defines "deed theft" as fraudulently altering property documents, misrepresenting ownership, or stealing property through deception. The bill also mandates that brokers provide written notification about deed theft risks to buyers at closing, requiring buyers to sign a confirmation of receipt. This law, effective November 1, 2025, directly affects real estate professionals and homebuyers by adding education requirements and transparency measures to combat property fraud.
SB 251 expands eligibility for Oklahoma county mental health and substance abuse funding to include employment, education, and housing programs alongside existing treatment services. It requires the state to allocate at least 0.5% of total funds to each county government or multi-county partnership applying for grants. The bill also mandates annual reports to legislative leaders detailing funding distribution and services provided. These changes aim to broaden community-based support options while ensuring minimum funding for all participating counties.
SB 333 amends Oklahoma's Housing Authorities Act to update the definition of "area of operation" for city housing authorities. It specifically allows active, certified city housing authorities to use American Rescue Plan Act (ARPA) and Coronavirus State and Local Fiscal Recovery Funds (SLFRF) for projects anywhere in the state until December 31, 2027, provided they consult with the city, county, and other housing authorities in the project area. This change applies only to ARPA/SLFRF-funded projects and does not alter existing boundaries for other housing initiatives. The amendment becomes effective November 1, 2025.
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.
HB 2171, the "Oklahoma Uniform Unlawful Restrictions in Land Records Act," allows property owners and homeowners' associations to remove discriminatory restrictions from land records. It creates a specific process for owners to file an amendment with the county clerk to eliminate restrictions based on race, religion, disability, or other protected characteristics, which violate anti-discrimination laws. Homeowners' associations can also remove such restrictions without member votes by amending their governing documents. The law requires amendments to clearly identify the affected property and state that only unlawful restrictions are removed, leaving valid restrictions intact. This directly affects property owners and HOAs holding discriminatory covenants in recorded documents.
SB 128 extends the required notice period for eviction cases (forcible entry and detainer) in Oklahoma from 3 days to 7 days before the court hearing for most cases, while maintaining a 3-day requirement for emergency evictions under specific subsections of Oklahoma law. It also updates summons language to be plain and understandable, requires public access to the summons form via the court website, and makes certain legal terms gender-neutral. The bill would have affected tenants and landlords in eviction proceedings by giving defendants more time to prepare. However, this bill was vetoed by the Governor on May 5, 2025, and is not currently law.