Oklahoma 2022 Regular Session

Oklahoma House Bill HB1990 Compare Versions

Version 1 (Old)

Version 2 (New)

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1		-	An Act
2		-	ENROLLED HOUSE
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	3	+	ENGR. S. A. TO ENGR. H. B. NO. 1990 Page 1 1
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	28	+	ENGROSSED SENATE AMENDMENT
	29	+	TO
	30	+	ENGROSSED HOUSE
3	31		BILL NO. 1990 By: Caldwell (Trey), Mize, Pae
4	32		and Fugate of the House
5	33
6	34		and
7	35
8	36		Montgomery of the Senate
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12		-	An Act relating to the Ad Valorem Reimbursement Fund;
13		-	amending 62 O.S. 2011, Section 193, as amended by
14		-	Section 457, Chapter 304, O.S .L. 2012 (62 O.S. Supp.
15		-	2020, Section 193), which relates to the distribution
16		-	of funds; adding category of exemption for which
17		-	reimbursement may be claimed and creating
	40	+
	41	+
	42	+	[ public finance - Ad Valorem Reimbursement Fund -
	43	+	veteran homestead exemptions ]
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	45	+
	46	+
	47	+
	48	+	AMENDMENT NO. 1. Page 1, strike the stricken title, enacting clause
	49	+	and entire bill and insert
	50	+
	51	+	“An Act relating to the Ad Valorem Reimbursement
	52	+	Fund; amending 62 O.S. 2011, Section 193, as amended
	53	+	by Section 457, Chapter 304, O.S.L. 2012 (62 O.S.
	54	+	Supp. 2020, Section 19 3), which relates to the
	55	+	distribution of funds; adding category of exemption
	56	+	for which reimbursement may be claimed and creating
18	57		qualification; providing rate for certain
19	58		reimbursement; clarifying language; modifying
20	59		priority for payment of claims; and pro viding an
21	60		effective date.
22	61
23	62
24		-	SUBJECT: Ad Valorem Reimbursement Fund
25	63
26	64		BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
27		-
28	65		SECTION 1. AMENDATORY 62 O.S. 2011, Section 193, as
29	66		amended by Section 457, Chapter 304, O.S.L. 2012 (62 O.S. Supp.
30	67		2020, Section 193), is amended to read as follows:
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31	93
32	94		Section 193. A. There is hereby created in the State Treasury
33	95		a revolving fund for the Oklahoma Tax Commission to be designated
34	96		the "Ad Valorem Reimbursement Fund". The fund shall be a continuing
35	97		fund, not subject to fiscal year limi tations. Monies apportioned to
36	98		this fund shall be expended:
37		-
38	99		1. To reimburse counties of this state for loss of revenue due
39	100		to exemptions of ad valorem taxes for new or expanded manufacturing
40	101		or research and development facilities;
41		-
42	102		2. Beginning calendar year 2022 and all subsequent years, to
43	103		reimburse qualified counties of this state for loss of revenue due
44	104		to exemptions granted to veterans and their surviving spouses
45	105		pursuant to the provisions of Sections 8D, 8E and 8F of Article X of
46		-	the Oklahoma Constitution. A county is qualified for reimbursement ~~ENR. H. B. NO. 1990 Page 2~~
	106	+	the Oklahoma Constitution. A county is qualified for reimbursement
47	107		if the number of exemptions granted to veterans and surviving
48	108		spouses for the most recently concluded calendar year exceeds eight -
49	109		tenths of one percent (0.8%) of the total county population
50	110		according to the latest Federal Decennial Census or most recent
51	111		annual population estimate, whichever is most recent. The
52	112		reimbursement provided in this paragraph shall amount to twenty -five
53	113		percent (25%) of the loss of revenue claimed by the qualified
54	114		county;
55		-
56	115		3. To reimburse counties of this state for loss of revenue for
57	116		school district and county purposes due to exemptions granted
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58	143		pursuant to the provisions of Section 2890 of Title 68 of the
59	144		Oklahoma Statutes; and
60		-
61	145		3. 4. To reimburse counties of this state for loss of r evenue
62	146		due to decreased valuation and assessment for buffer strips pursuant
63	147		to Section 2817.2 of Title 68 of the Oklahoma Statutes.
64		-
65	148		Provided that it shall be the duty of the Tax Commission to
66	149		assess the valuation of all property for new or expanded
67	150		manufacturing or research and development facilities which are
68	151		exempt from ad valorem taxes.
69		-
70	152		Monies apportioned to this fund also may be transferred to other
71	153		state funds or otherwise expended as directed by the Legislature by
72	154		law.
73		-
74	155		B. The county commissioners of each county seeking
75	156		reimbursement for lost revenue from the Ad Valorem Reimbursement
76	157		Fund shall make claims for reimbursement on forms prescribed by the
77	158		Tax Commission prior to April 30 of each year. Claims for
78	159		reimbursement for loss of revenue due to exemptions of ad valorem
79	160		taxes for new or expanded manufacturing or research and development
80	161		facilities shall be made separately from claims for reimbursement
81	162		for loss of revenue for school district and county purposes due to
82	163		exemptions granted pursuant to th e provisions of Section 2890 of
83	164		Title 68 of the Oklahoma Statutes and separately from claims for
84	165		reimbursement for loss of revenue for decreased valuation and
85	166		assessment of buffer strips based upon the type of exemptions
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86	193		authorized pursuant to subsection A of this section. Provided, the
87	194		assessed valuation of a school district as stated in the claim for
88	195		reimbursement shall be the same as reported to the State Department
89	196		of Education on the Estimate of Need and shall include the total
90	197		valuation of property e xempt from taxation pursuant to Section 2902
91		-	of Title 68 of the Oklahoma Statutes. The claims shall be either ~~ENR. H. B. NO. 1990 Page 3~~
	198	+	of Title 68 of the Oklahoma Statutes. The claims shall be either
92	199		approved or disapproved in whole or in part by the Tax Commission by
93	200		June 15 of each year. A claim for reimbursement for loss of revenue
94	201		due to an exemption of ad valorem taxes for a new or expanded
95	202		manufacturing or research and development facility shall be
96	203		disapproved if a county or school district has received any payment
97	204		in lieu of ad valorem taxes from such facility, to the extent of the
98	205		amount of such reimbursement. If the Tax Commission determines that
99	206		an exemption has been erroneously or unlawfully granted, it shall
100	207		notify the appropriate county assessor who shall immediately value
101	208		and assess the property and place it on the rolls for ad v alorem
102	209		taxation. Disbursements from the fund shall be made on warrants
103	210		issued by the State Treasurer against claims filed by the Tax
104	211		Commission with the Office of Management and Enterprise Services for
105	212		payment. Such disbursements shall be exempt from all agency
106	213		expenditure ceilings. The county treasurer shall apportion or
107	214		disburse such funds for expenditures in the same manner as other ad
108	215		valorem tax collections.
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110	242		C. In the event monies apportioned to the Ad Valorem
111	243		Reimbursement Fund are insufficient to pay all claims for
112	244		reimbursement made pursuant to subsection B of this section, claims
113	245		for reimbursement for loss of revenue due to exemptions of ad
114	246		valorem taxes for new or expanded manufacturing or research and
115	247		development facilities shall be paid first , and any remaining funds
116	248		shall be distributed proportionally among the counties making claims
117	249		for reimbursement for loss of revenue for school district and county
118	250		purposes due to exemptions granted pursuant to the provisions of
119	251		Section 2890 of Title 68 of the Oklahoma Statutes Sections 8D, 8E
120	252		and 8F of Article X of the Oklahoma Constitution, if applicable ,
121	253		according to the amount of the claim made by each county. If any
122	254		funds remain after paying all claims for reimbursement for loss of
123	255		revenue due to exemptions of ad valorem taxation for new or expanded
124	256		manufacturing or research and development facilities and for
125	257		reimbursement for loss of revenue for school district and county
126	258		purposes due to exemptions granted pursuant to the provisions of
127	259		Section 2890 of Title 68 of the Oklahoma Statutes Sections 8D, 8E
128	260		and 8F of Article X of the Oklahoma Constitution , the remaining
129	261		funds shall be distributed proportionally among the counties making
130	262		claims for reimbursement for the exemptions granted pursuant to the
131	263		provisions of Section 2890 of Title 68 of the Oklahoma Statutes and
132	264		for the loss of revenue for decreased valuation and assessment for
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133	291		buffer strips pursuant to Section 2817.2 of Title 68 of the Oklahoma
134	292		Statutes.
	293	+	SECTION 2. This act shall beco me effective November 1, 2021. ”
135	294
136		-	SECTION 2. This act shall become effective November 1, 2021. ENR. H. B. NO. 1990 Page 4
137		-	Passed the House of Representatives the 18th day of May, 2021.
138		-
139		-
140		-
141		-
142		-	Presiding Officer of the House
143		-
144		-	of Representatives
145	295
146	296		Passed the Senate the 14th day of April, 2021.
147	297
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149	299
150	300		Presiding Officer of the Senate
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152	302
153		-
154		-	OFFICE OF THE GOVERNOR
155		-	Received by the Office of the Governor this ____________________
156		-	day of ___________________, 20_______, at _______ o'clock _______ M.
157		-	By: __________________ _______________
158		-	Approved by the Governor of the State of Oklahoma this _________
159		-	day of ___________________, 20_______, at _______ o'clock _______ M.
	303	+	Passed the House of Representatives the ____ day of __________,
	304	+	2021.
160	305
161	306
162		-	_________________________________
163		-	Governor of the State of Oklahoma
164	307
165		-	OFFICE OF THE SECRETARY OF STATE
166		-	Received by the Office of the Secretary of State this __________
167		-	day of ___________________, 20_______, at _______ o'clock _______ M.
168		-	By: _________________________________
	308	+	Presiding Officer of the House
	309	+	of Representatives
	310	+
	311	+	ENGR. H. B. NO. 1990 Page 1 1
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	336	+	ENGROSSED HOUSE
	337	+	BILL NO. 1990 By: Caldwell (Trey), Mize, Pae
	338	+	and Fugate of the House
	339	+
	340	+	and
	341	+
	342	+	Montgomery of the Senate
	343	+
	344	+
	345	+
	346	+
	347	+
	348	+	[ public finance - Ad Valorem Reimbursement Fund -
	349	+	veteran homestead exemptions ]
	350	+
	351	+
	352	+
	353	+
	354	+	BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOM A:
	355	+	SECTION 3. AMENDATORY 62 O.S. 2011, Section 193, as
	356	+	amended by Section 457, Chapter 304, O.S.L. 2012 (62 O.S. Supp.
	357	+	2020, Section 193), is amended to read as follows:
	358	+	Section 193. A. There is hereby created in the State Treas ury
	359	+	a revolving fund for the Oklahoma Tax Commission to be designated
	360	+	the "Ad Valorem Reimbursement Fund". The fund shall be a continuing
	361	+	fund, not subject to fiscal year limitations. Monies apportioned to
	362	+	this fund shall be expended:
	363	+	1. To reimburse counties of this state for loss of revenue due
	364	+	to exemptions of ad valorem taxes for new or expanded manufacturing
	365	+	or research and development facilities;
	366	+	2. To reimburse counties of this state for loss of revenue for
	367	+	school district and county purposes due to exemptions granted
	368	+
	369	+	ENGR. H. B. NO. 1990 Page 2 1
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	394	+	pursuant to the provisions of Section 2890 of Title 68 of the
	395	+	Oklahoma Statutes; and
	396	+	3. To reimburse counties of this state for loss of revenue due
	397	+	to decreased valuation and assessment for buffer strips pursuant to
	398	+	Section 2817.2 of Title 68 of the Oklahoma Statutes ; and
	399	+	4. To reimburse counties of this state for loss of revenue due
	400	+	to the exemptions authorized by Sections 8E and 8F of Article X of
	401	+	the Oklahoma Constitution .
	402	+	Provided that it shall be the duty of the Tax Commission to
	403	+	assess the valuation of all property for new or expanded
	404	+	manufacturing or research and development facilities which are
	405	+	exempt from ad valorem taxes.
	406	+	Monies apportioned to this fund also may be transferred to other
	407	+	state funds or otherwise expended as d irected by the Legislature by
	408	+	law.
	409	+	B. The county commissioners of each county seeking
	410	+	reimbursement for lost revenue from the Ad Valorem Reimbursement
	411	+	Fund shall make claims for reimbursement on forms prescribed by the
	412	+	Tax Commission prior to April 30 of each year. Claims for
	413	+	reimbursement for loss of revenue due to exemptions of ad valorem
	414	+	taxes for new or expanded manufacturing or research and development
	415	+	facilities shall be made separately from claims for reimbursement
	416	+	for loss of revenue for school di strict and county purposes due to
	417	+	exemptions granted pursuant to the provisions of Section 2890 of
	418	+
	419	+	ENGR. H. B. NO. 1990 Page 3 1
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	444	+	Title 68 of the Oklahoma Statutes and separately from claims for
	445	+	reimbursement for loss of revenue for decreased valuation and
	446	+	assessment of buffer strips and from claims for loss of revenue due
	447	+	to the provisions of Sections 8E and 8F of Article X of the Oklahoma
	448	+	Constitution. Provided, the assessed valuation of a school district
	449	+	as stated in the claim for reimbursement shall be the same as
	450	+	reported to the State Department of Education on the Estimate of
	451	+	Need and shall include the total valuation of property exempt from
	452	+	taxation pursuant to Section 2902 of Title 68 of the Oklahoma
	453	+	Statutes. The claims shall be either approved or disapproved in
	454	+	whole or in part by the Tax Commission by June 15 of each year. A
	455	+	claim for reimbursement for loss of revenue due to an exemption of
	456	+	ad valorem taxes for a new or expanded manufacturing or research and
	457	+	development facility shall be disapproved if a county or school
	458	+	district has received any payment in lieu of ad valorem taxes from
	459	+	such facility, to the extent of the amount of such reimbursement.
	460	+	If the Tax Commission determines that an exemption has been
	461	+	erroneously or unlawfully granted, it shall notify the appropriate
	462	+	county assessor who shall immediately value and assess the property
	463	+	and place it on the rolls for ad valorem taxation. Disbursements
	464	+	from the fund shall be made on warrants issued by the State
	465	+	Treasurer against claims filed by the Tax Commission with the Office
	466	+	of Management and Enterprise Services for payment. Such
	467	+	disbursements shall be exempt from all agency expenditure ceilings.
	468	+
	469	+	ENGR. H. B. NO. 1990 Page 4 1
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	494	+	The county treasurer shall apportion or disburse such funds for
	495	+	expenditures in the same manner as other ad valorem tax co llections.
	496	+	C. In the event monies apportioned to the Ad Valorem
	497	+	Reimbursement Fund are insufficient to pay all claims for
	498	+	reimbursement made pursuant to subsection B of this section, claims
	499	+	for reimbursement for loss of revenue due to exemptions of ad
	500	+	valorem taxes for new or expanded manufacturing or research and
	501	+	development facilities shall be paid first, and any remaining funds
	502	+	shall be distributed proportionally among the counties making claims
	503	+	for reimbursement for loss of revenue for school district and county
	504	+	purposes due to exemptions granted pursuant to the provisions of
	505	+	Section 2890 of Title 68 of the Oklahoma Statutes, according to the
	506	+	amount of the claim made by each county. If any funds remain after
	507	+	paying all claims for reimbursement for loss of revenue due to
	508	+	exemptions of ad valorem taxation for new or expanded manufacturing
	509	+	or research and development facilities and for reimbursement for
	510	+	loss of revenue for school district and county purposes due to
	511	+	exemptions granted pursuant to the provis ions of Section 2890 of
	512	+	Title 68 of the Oklahoma Statutes, the remaining funds shall be
	513	+	distributed proportionally among the counties making claims for
	514	+	reimbursement for loss of revenue for decreased valuation and
	515	+	assessment for buffer strips pursuant to S ection 2817.2 of Title 68
	516	+	of the Oklahoma Statutes.
	517	+
	518	+
	519	+	ENGR. H. B. NO. 1990 Page 5 1
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	544	+	Passed the House of Representatives the 2nd day of March, 2021.
	545	+
	546	+
	547	+
	548	+
	549	+	Presiding Officer of the House
	550	+	of Representatives
	551	+
	552	+
	553	+	Passed the Senate the ___ day of __________, 2021.
	554	+
	555	+
	556	+
	557	+
	558	+	Presiding Officer of th e Senate
	559	+
	560	+
	561	+