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 2000 By: Standridge
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6 AS INTRODUCED
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7 An Act relating to ad valorem; amending 68 O.S. 2021,
7 Section 2889, which relates to classifications of
8 homesteads; modifying exemption amount of homesteads
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9 date.
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12 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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13 SECTION 1. AMENDATORY 68 O.S. 2021, Section 2889, is
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14 amended to read as follows:
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15 Section 2889. Homesteads, as defined in Section 2888 of this
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16 title, are hereby classified for the purpose of taxation as provided
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17 in Section 22 of Article X of the Oklahoma Constitution. All
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18 homesteads in this state shall be assessed for taxation the same as
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19 other real property therein, except that each homestead, as defined
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20 by Section 2801 et seq. of this title, shall be exempted from all
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21 forms of ad valorem taxation pursuant to Section 1 of Article XII-A
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22 of the Oklahoma Constitution to the extent of One Thousand Dollars
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23 ($1,000.00) of the assessed valuation for tax years 1988 through
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Req. No. 3380 Page 1
1 2026 and Five Thousand Dollars ($5,000.00) for tax year 2027 and
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2 subsequent tax years.
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3 SECTION 2. This act shall become effective November 1, 2026.
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5 60-2-3380 QD 1/15/2026 9:43:19 AM
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Req. No. 3380 Page 2Every fact on this page links to its source, starting with the official bill record.