Oklahoma House Bill HJR1039

Oklahoma 2023 Regular Session

• Introduced: 2/6/23
• Refer: 2/7/23

Caption

Oklahoma Constitution; disabled veterans; homestead exemption; ballot title; filing.

Impact

If passed, this bill would ensure that eligible veterans or their surviving spouses can claim a full exemption for household personal property from ad valorem taxation. It simplifies the existing tax provisions by clarifying that the exemption applies to veterans, thus streamlining application processes. The bill empowers the legislature to implement necessary laws for the exemption while ensuring that the exemption amount remains unchanged by amendments. This move could provide significant financial relief for disabled veterans and their families, promoting stability in their living situations.

Summary

HJR1039 is a proposed Joint Resolution aiming to amend the Oklahoma Constitution, specifically Sections 8D, 8E, and 8F of Article X, to enhance property tax exemptions related to veterans. This bill proposes to replace references to 'head of household' with 'veterans' in the context of individuals eligible for homestead property exemptions. The amendment is targeted at veterans who have been honorably discharged and are certified as having a hundred percent permanent disability related to their military service. The amendments will be effective starting from January 1, 2025.

Contention

The proposed amendment has been met with discussions regarding its implications for state funding through property taxes. Supporters argue that the measure is a necessary recognition of the sacrifices made by veterans and their families, thus enhancing their quality of life. Critics may voice concerns about potential reductions in tax revenue, which could affect funding for public services. Furthermore, public discourse will likely explore the adequacy of existing veteran support programs versus the need for additional tax exemptions, as local governments may face challenges in maintaining service levels.