Oklahoma 2022 Regular Session

Oklahoma Senate Bill SJR33

Introduced
2/7/22  
Refer
2/8/22  
Report Pass
2/10/22  

Caption

Constitutional amendment; providing for vote of the people to clarify language of veterans ad valorem exemptions. Directing for special election.

Impact

If SJR33 is approved, it will amend Sections 8D through 8F of Article 10 of the Oklahoma Constitution, which relates to tax exemptions for veterans and their survivors. The running exemption will be fully preserved for qualifying head of household veterans, and surviving spouses will continue to receive exemptions as long as they have not remarried. This amendment may lead to an increased awareness of property tax benefits available to veterans and survivors, thereby potentially enhancing financial stability for these groups.

Summary

SJR33 is a proposed amendment to the Oklahoma Constitution aimed at refining the language around property tax exemptions for disabled veterans and the surviving spouses of veterans. The bill facilitates the exemption of household personal property and homestead property from ad valorem taxation for those veterans who have an official rating of 100% permanent disability from military service. The proposed changes are intended to not only modernize the terminology used in the law but to also ensure that veterans and their families are clearly recognized and afforded these benefits without ambiguity.

Contention

Despite the intent to simplify and clarify existing tax exemptions, there could be raised concerns regarding the definitions and emerging criteria for eligibility. Opponents might argue that the legislation creates additional layers of complexity or may not sufficiently address the varying circumstances veterans and survivors may face in different locales. Furthermore, discussions may surface about whether the exemptions are adequately funded or supported by the state's fiscal policies, particularly in times of budget constraints.

Companion Bills

No companion bills found.

Previously Filed As

OK SB860

Uniform Controlled Dangerous Substances Act; adding certain substance to Schedule I. Effective date.

OK SB284

Specie; authorizing the payment of certain public and private debts; restricting the requirement of payment in specie. Effective date.

OK SB269

Carbon sequestration; modifying jurisdiction over certain injection wells; establishing provisions for establishment of certain CO2 sequestration facilities and storage units. Effective date.

OK SB227

Taxation; modifying and limiting certain credits, deductions, and exemptions; modifying income tax rate for certain years. Effective date. Emergency.

OK SB581

Gold and silver; authorizing employees to request payment in gold and silver; directing creation of Oklahoma Bullion Depository; exempting sale of gold and silver from income tax. Effective date.

OK SB669

Practice of dentistry; modifying various provisions of the State Dental Act. Effective date.

OK SB103

Income tax; modifying exemption for certain retirement benefits for certain tax years. Effective date.

OK SB60

Income tax; modifying certain apportionment factors for determining Oklahoma taxable income for certain tax years. Effective date.

Similar Bills

No similar bills found.