An act relating to cities and towns, the official text

1                            STATE OF OKLAHOMA

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2                  2nd Session of the 60th Legislature (2026)

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3 SENATE BILL 2106           By: Brooks
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5                            AS INTRODUCED

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6   An Act relating to cities and towns; requiring

6   municipalities to compensate certain property owners

7   in certain circumstances; providing for codification;

7   and providing an effective date.

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10 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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11  SECTION 1.      NEW LAW  A new section of law to be codified

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12 in the Oklahoma Statutes as Section 43-118 of Title 11, unless there
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13 is created a duplication in numbering, reads as follows:
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14  A municipality shall financially compensate the owner of a

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15 property within such municipality if such owner demonstrates that
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16 the municipality has used a reversion ordinance to change zoning to
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17 a prior designation, and that reversion has resulted in a negative
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18 financial impact on the value of such property. The municipality
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19 shall compensate the owner the difference between the appraised
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20 value of the property prior to and after the zoning reversion
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21  SECTION 2. This act shall become effective November 1, 2026.

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23  60-2-2749       YG       1/15/2026 12:41:15 PM

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    Req. No. 2749                                              Page 1