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 1578 By: Bergstrom
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6 AS INTRODUCED
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7 An Act relating to ad valorem tax; requiring the
7 disclosure of certain information by certain taxing
8 jurisdictions; prescribing disclosure requirements;
8 requiring certain county assessors and the Oklahoma
9 Tax Commission to provide certain assistance;
9 providing for codification; and providing an
10 effective date.
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13 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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14 SECTION 1. NEW LAW A new section of law to be codified
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15 in the Oklahoma Statutes as Section 2952 of Title 68, unless there
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16 is created a duplication in numbering, reads as follows:
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17 A. Every taxing jurisdiction that is apportioned funds provided
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18 pursuant to the Ad Valorem Tax Code and Article X of the Oklahoma
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19 Constitution shall annually disclose:
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20 1. All exemptions, deductions, credits, and limitations on fair
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21 cash value or assessed value on real and personal property within
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22 the jurisdiction;
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1 2. The revenue impact of any exemptions, deductions, credits,
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2 and limitations on fair cash value or assessed value on real and
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3 personal property within the jurisdiction; and
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4 3. Expiration dates of any exemptions, deductions, credits, and
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5 limitations on fair cash value or assessed value on real and
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6 personal property within the jurisdiction and the justification to
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7 continue them.
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8 B. The county assessor of counties within the boundaries of the
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9 taxing jurisdiction and the Ad Valorem Division of the Oklahoma Tax
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10 Commission shall provide any assistance needed by the jurisdiction
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11 to comply with the provisions of this section.
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12 SECTION 2. This act shall become effective January 1, 2027.
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14 60-2-2878 QD 1/12/2026 10:42:30 PM
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Req. No. 2878 Page 2Every fact on this page links to its source, starting with the official bill record.