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Issue · Housing

Housing (Seniors)

Every housing bill, vote, and legislator stance in Oklahoma, automatically classified by Maddy, our AI policy reader.

OK Legislature US Congress
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2026 Regular Session
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died · Oklahoma · House Feb 9, 2026

HB 3347: Revenue and taxation; ad valorem; homestead exemption; age sixty-five or older; effective date.

HB 3347 would exempt Oklahoma homeowners aged 65 or older from all property taxes on their primary residence (homestead). Currently, homesteads receive a $1,000 tax exemption; this bill replaces that with full exemption for seniors. The change applies to all property taxes based on home value (ad valorem taxes) and takes effect January 1, 2027. It directly affects Oklahoma seniors living in their primary homes, reducing their property tax burden significantly. The bill amends Oklahoma Statutes Section 2889 to expand the existing homestead exemption for this age group.
Topics ✓ Budget & TaxesSupports Budget & TaxesExempts seniors from property taxes, providing tax relief for fixed-income homeowners through full homestead exemption.90% confidence ✓ HousingSupports HousingExempts seniors from property taxes, reducing housing costs for vulnerable residents and aligning with affordable housing goals.90% confidence
Sub-Topics Property Tax Tax Incentives Property Taxes Tags Seniors