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1 STATE OF OKLAHOMA
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2 1st Session of the 60th Legislature (2025)
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3 SENATE BILL 313 By: Jett
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6 AS INTRODUCED
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7 An Act relating to collection of delinquent taxes;
7 amending 68 O.S. 2021, Section 3130, which relates to
8 monies received at resale of property; requiring
8 transfer of excess proceeds to the State Treasurer
9 for deposit in the Unclaimed Property Fund; and
9 providing an effective 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 3130, is
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14 amended to read as follows:
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15 Section 3130. A. Monies received by the county treasurer at
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16 resale from individual purchasers, not redemptioners, shall
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17 nevertheless be deemed to be collections of tax, and if no
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18 redemption be had before issuance and delivery of a deed therefor,
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19 the tax monies so collected, not including excess proceeds to be
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20 held for the owner thereof, shall be credited and apportioned as
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21 such taxes would have been apportioned had they been paid in the
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22 proper time and manner, and the monies so collected representing
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23 penalties on ad valorem tax, listing fees and publication costs
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24 shall be credited to the "resale property fund" of such county as
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Req. No. 1555 Page 1
1 hereinafter provided. In instances where vacant lots are offered
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2 for sale for both ad valorem taxes and special improvement taxes,
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3 but are sold for less than the total sum due, the county treasurer
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4 shall, after deducting the listing fees and publication costs,
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5 apportion the proceeds of such sale ratably between the ad valorem
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6 and special improvement tax accounts in the same ratio such proceeds
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7 bear to the total tax published as due for such resale.
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8 B. If, after all reasonable efforts to return the excess
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9 proceeds to the owner of the property resold pursuant to the
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10 provisions of Section 3105 et seq. of this title, the proceeds shall
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11 be remitted to the State Treasurer for deposit in the Unclaimed
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12 Property Fund created pursuant to Section 668 of Title 60 of the
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13 Oklahoma Statutes.
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14 SECTION 2. This act shall become effective November 1, 2025.
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16 60-1-1555 QD 12/31/2024 12:05:51 AM
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Req. No. 1555 Page 2Every fact on this page links to its source, starting with the official bill record.