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Oklahoma Legislature· SB 681Approved by Governor 05/08/2025

An act relating to ad valorem tax, the official text

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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 681              By: Jech
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6                  AS INTRODUCED

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7   An Act relating to ad valorem tax; amending 68 O.S.

7   2021, Section 2876, as last amended by Section 2,

8   Chapter 335, O.S.L. 2022 (68 O.S. Supp. 2024, Section

8   2876), which relates to notice of increase of

9   property valuation and protest; requiring certain

9   notice of valuation increase to include information

10  on the limitation on fair cash value of certain

10  homesteads; and providing an 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.     AMENDATORY  68 O.S. 2021, Section 2876, as

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15 last amended by Section 2, Chapter 335, O.S.L. 2022 (68 O.S. Supp.
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16 2024, Section 2876), is amended to read as follows:
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17  Section 2876. A. If the county assessor increases the

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18 valuation of any personal property above that returned by the
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19 taxpayer, or in the case of real property increases the fair cash
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20 value or the taxable fair cash value from the preceding year, or
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21 pursuant to the requirements of law if the assessor has added
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22 property not listed by the taxpayer, the county assessor shall
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23 notify the taxpayer in writing of the amount of such valuation as
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24 increased or valuation of property so added. Provided, if the
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    Req. No. 884                                              Page 1
1 county assessor determines that a mailing to property owners exempt
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2 from payment of ad valorem tax pursuant to Sections 8E and 8F of
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3 Article X of the Oklahoma Constitution would create an undue burden,
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4 then the county assessor may suspend notifications to those property
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5 owners.
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6   B. For cases in which the taxable fair cash value or fair cash

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7 value of real property has increased, the notice shall include the
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8 fair cash value of the property for the current year, the taxable
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9 fair cash value for the preceding and current year, the assessed
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10 value for the preceding and current year and the assessment
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11 percentage for the preceding and current year. For cases in which
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12 the real property is a homestead, as defined in Section 2888 of this
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13 title, the notice shall include information on the application for a
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14 limit on the fair cash value of a homestead property as provided for
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15 in Section 8C of Article X of the Oklahoma Constitution.
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16  C. For cases in which the county assessor increases the

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17 valuation of any personal property above that returned by the
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18 taxpayer, the notice shall describe the property with sufficient
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19 accuracy to notify the taxpayer as to the property included, the
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20 fair cash value for the current year, the assessment percentage for
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21 the current year, any penalty for the current year pursuant to
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22 subsection C of Section 2836 of this title and the assessed value
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23 for the current year.
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    Req. No. 884                                                Page 2
1   D. The notice shall be mailed to the taxpayer at the taxpayer's

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2 last-known address and shall clearly be marked with the mailing
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3 date. The assessor shall have the capability to duplicate the
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4 notice, showing the date of mailing. Such record shall be prima
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5 facie evidence as to the fact of notice having been given as
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6 required by this section.
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7   E. The taxpayer shall have thirty (30) calendar days from the

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8 date the notice was mailed in which to file a written protest with
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9 the county assessor specifying objections to the increase in fair
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10 cash value or taxable fair cash value by the county assessor;
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11 provided, in the case of a scrivener's error or other admitted error
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12 on the part of the county assessor, the assessor may make
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13 corrections to a valuation at any time, notwithstanding the thirty-
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14 day period specified in this subsection. The protest shall set out
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15 the pertinent facts in relation to the matter contained in the
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16 notice in ordinary and concise language and in such manner as to
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17 enable a person of common understanding to know what is intended.
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18 The protest shall be made upon a form prescribed by the Oklahoma Tax
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19 Commission.
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20  F. A taxpayer may file a protest if the valuation of property

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21 has not increased or decreased from the previous year if the protest
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22 is filed on or before the first Monday in April. Such protest shall
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23 be made upon a form prescribed by the Oklahoma Tax Commission.
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    Req. No. 884                                              Page 3
1  G. At the time of filing a protest pursuant to subsections E

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2 and F of this section, the taxpayer shall also file the form
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3 provided for in Section 2835 of this title. If the taxpayer fails
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4 to file the required form, a presumption shall exist in favor of the
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5 correctness of the county assessor's valuation in any appeal of the
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6 county assessor's valuation.
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7  H. The county assessor shall schedule an informal hearing with

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8 the taxpayer to hear the protest as to the disputed valuation or
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9 addition of omitted property. The informal hearing may be held in
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10 person or may be held telephonically, if requested by the taxpayer.
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11 A taxpayer that is unable to participate in a scheduled informal
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12 hearing, either in person or telephonically, shall be given at least
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13 two additional opportunities to participate on one of two
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14 alternative dates provided by the county assessor, each on a
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15 different day of the week, before the county assessor or an
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16 authorized representative of the county assessor. The assessor
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17 shall issue a written decision in the matter disputed within seven
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18 (7) calendar days of the date of the informal hearing and shall
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19 provide by regular or electronic mail a copy of the decision to the
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20 taxpayer. The decision shall clearly be marked with the date it was
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21 mailed. Within fifteen (15) calendar days of the date the decision
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22 is mailed, the taxpayer may file an appeal with the county board of
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23 equalization. The appeal shall be made upon a form prescribed by
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24 the Oklahoma Tax Commission. One copy of the form shall be mailed
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   Req. No. 884                                                 Page 4
1 or delivered to the county assessor and one copy shall be mailed or
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2 delivered to the county board of equalization. On receipt of the
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3 notice of an appeal to the county board of equalization by the
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4 taxpayer, the county assessor shall provide the county board of
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5 equalization with all information submitted by the taxpayer, data
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6 supporting the disputed valuation and a written explanation of the
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7 results of the informal hearing.
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8   SECTION 2. This act shall become effective November 1, 2025.

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    Req. No. 884                            Page 5
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