Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1 STATE OF OKLAHOMA
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2 2nd Session of the 60th Legislature (2026)
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3 SENATE BILL 1577 By: Bergstrom
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6 AS INTRODUCED
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7 An Act relating to ad valorem tax; requiring county
7 assessors to provide notification to certain
8 taxpayers; prescribing notification requirements;
8 authorizing assessor to include notification in
9 certain other statements and notifications required
9 to be mailed or submitted to taxpayer; requiring
10 certain entities to submit certain information to
10 county assessor; defining term; requiring the
11 Oklahoma Tax Commission to maintain a webpage;
11 prescribing information and functionality to be
12 provided on webpage; requiring certain entities to
12 submit certain information to the Tax Commission;
13 providing for codification; and providing an
13 effective date.
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16 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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17 SECTION 1. NEW LAW A new section of law to be codified
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18 in the Oklahoma Statutes as Section 2876.2 of Title 68, unless there
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19 is created a duplication in numbering, reads as follows:
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20 A. Each year the county assessor shall provide a statement to
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21 each taxpayer owning real property with the following information:
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22 1. The current millage rate and any proposed millage rate
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23 changes and estimated property taxes;
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1 2. The revenue neutral millage rate for each millage levied on
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2 the property;
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3 3. The purpose and projected spending of any proposed revenue
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4 increases for each taxing jurisdiction;
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5 4. The date, time, and location of any public hearing or
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6 comments for proposed millage rate changes listed pursuant to
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7 paragraph 1 of this subsection; and
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8 5. How each member of any applicable governing body voted for
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9 proposed millage rate changes listed pursuant to paragraph 1 of this
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10 subsection.
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11 B. The notifications required pursuant to this section may be
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12 included on the notifications and statements required to be mailed
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13 pursuant to Sections 2876 and 2915 of Title 68 of the Oklahoma
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14 Statutes.
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15 C. Each taxing jurisdiction shall provide any information to
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16 the county assessor, as needed to fulfill the requirements of this
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17 section.
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18 D. As used in this section, "revenue neutral millage rate"
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19 means the tax rate for the current tax year that would generate the
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20 same property tax revenue as levied the previous tax year using the
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21 total assessed valuation for the current tax year. To calculate the
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22 revenue neutral millage rate, the county assessor shall divide the
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23 property tax revenue for a taxing jurisdiction levied for the
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24 previous tax year by the total of all taxable assessed valuation in
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1 such taxing jurisdiction for the current tax year, and then multiply
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2 the quotient by one thousand (1,000) to express the rate in mills.
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3 The revenue neutral millage rate shall be expressed to the third
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4 decimal place.
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5 SECTION 2. NEW LAW A new section of law to be codified
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6 in the Oklahoma Statutes as Section 2952 of Title 68, unless there
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7 is created a duplication in numbering, reads as follows:
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8 A. The Oklahoma Tax Commission shall maintain a page on the
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9 website of the Tax Commission that provides the following
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10 information and functionality:
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11 1. Historical and current property tax millage rates for each
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12 taxing jurisdiction in this state;
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13 2. The assessed value and fair cash value for all real property
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14 in this state and the total assessed value and total fair cash value
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15 of personal property for each taxing jurisdiction in this state;
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16 3. Any current proposed changes to millage rates for any taxing
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17 jurisdiction in this state;
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18 4. An interface to allow for the submission of public comment
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19 for any proposed changes provided pursuant to paragraph 3 of this
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20 subsection; and
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21 5. Links to any protest forms against property tax assessments
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22 and valuations.
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23 B. The counties, municipalities, and other governing bodies of
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24 taxing jurisdictions in this state shall provide any information
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1 required by the Oklahoma Tax Commission to effectuate the provisions
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2 of this section.
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3 SECTION 3. This act shall become effective November 1, 2026.
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5 60-2-2563 QD 1/12/2026 10:36:25 PM
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Req. No. 2563 Page 4Every fact on this page links to its source, starting with the official bill record.