Ad valorem tax; requiring certain tax form for manufactured homes. Effective date.
Impact
The bill significantly influences the taxation process of manufactured homes by detailing the responsibilities of county assessors in tracking and assessing such properties. It seeks to ensure that any manufactured home is properly recorded and taxed, thereby closing loopholes that might have allowed unregistered homes to evade taxation. Additionally, it aims to streamline the process by requiring owners of manufactured homes to provide proof of registration and tax payment upon demand from assessors.
Summary
Senate Bill 1757 introduces changes to the ad valorem tax code concerning the listing and assessment of manufactured homes in Oklahoma. The bill mandates that county assessors are required to assess any manufactured home that is not registered or listed for ad valorem taxation. This includes placing the home on tax rolls for up to three prior assessment years, regardless of whether the home was present in the county on January 1 of the respective year. The approach is meant to improve tax compliance and ensure more accurate property tax records.
Contention
A notable contention surrounding SB 1757 includes how the bill addresses the assessment of manufactured homes that have been removed from real property. It imposes penalties on owners who refuse to comply with proof of registration or tax payment, marking it as a misdemeanor offense. Critics may argue that this could place an undue burden on homeowners, especially if they are unable to provide the necessary documentation in a timely manner or if there are administrative challenges in the assessment process.
Ad valorem tax; requiring submission of certain information for eligibility of certain exemption; requiring the Oklahoma Tax Commission to share information with the Incentive Evaluation Commission. Effective date.
Relative to tenant and contract manufacturers of beer, wine, and liquor; allowing pharmacists to administer influenza, COVID-19, and other FDA licensed vaccines without explicit approval from the general court; and, restricting the purchase of real property on or around military installations.