SENATE FLOOR VERSION - HB2627 SFLR Page 1 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 SENATE FLOOR VERSION April 7, 2022 AS AMENDED ENGROSSED HOUSE BILL NO. 2627 By: Patzkowsky of the House and Montgomery of the Senate [ revenue and taxation - requiring county assess ors to notify certain entities of protest - effective date – emergency ] BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 2899.2 of Title 68, unless there is created a duplicat ion in numbering, reads as follows: A. Within five (5) days of receiving notification of a protest in value by a taxpayer, the county assessor shall notify the treasurer or chief financial officer of every school district, technology center school distric t, political subdivision, and any other district affected by the protest of the following information: 1. That a protest has been filed with the county assessor; 2. The total amount of tax that will be paid under protest; and 3. The approximate amount t hat would have been apportioned. SENATE FLOOR VERSION - HB2627 SFLR Page 2 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 B. After sending the requi red notification provided for in subsection A of this section, the county assessor shall also notify the treasurer or chief financial officer of every school district, technology center school dis trict, political subdivision, and any other district affecte d by the protest: 1. If the taxpayer appealed the county assessor's valuation to the county board of equalization; 2. Of the county board of equalization 's order; 3. If the taxpayer or the coun ty assessor appealed the county board of equalization 's order to district court; 4. Of the district court's decision; 5. If the taxpayer or the county assessor appealed the district court's decision to the Supreme Court; and 6. Of the completion of the protest and the total amount that will be apportioned. SECTION 2. This act shall become effective July 1, 2022. SECTION 3. It being immediately necessary for the preservation of the public peace, health or safety, an emerg ency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval. COMMITTEE REPORT BY: COMMITTEE ON FINANCE April 7, 2022 - DO PASS AS AMENDED