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STATE OF OKLAHOMA
2nd Session of the 59th Legislature (2024)
COMMITTEE SUBSTITUTE
FOR
HOUSE BILL NO. 3240 By: Lawson
COMMITTEE SUBSTITUTE
[ ad valorem – duties - Ad Valorem Division – data -
effective date ]
BE IT ENACTED BY THE P EOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. AMENDATORY 68 O.S. 2021, Section 2875, is
amended to read as follows:
Section 2875 A. There is hereby created within the Oklahoma
Tax Commission the Ad Valorem Division. The Ad Valorem Division
shall have the authority and it shall be its duty to:
1. Confer with and assist county assessors and county boards of
equalization in the performance of their duties, to the end that all
assessments of proper ty be made relative, just and uniform and that
real property and tangible p ersonal property may be assessed at its
fair cash value estimated at the price it would bring at a fair
voluntary sale;
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2. Prescribe forms with numbers ascribed thereto for the cou nty
assessors' use in assessment proc edure, including property
classification and appraisal form s;
3. Provide technical assistance to county assessors and county
boards of equalization in the services of appraisal engineers;
4. Provide from year to year schedules of values of personal
property in accordance with Uniform Standar ds of Professional
Appraisal Practice (USPAP) and International Association of
Assessing Officers (IAAO) requirements to aid county assessors in
the assessment of personal property;
5. Conduct training schools, instit utes, conferences and
meetings for the purpose of improving the qualifications of county
assessors and their deputies as requ ired by law;
6. Prepare and furnish from time to time to county assessors an
assessors' manual. Such manual shall include, but no t be limited
to, valuation methodologi es for property in a county for which no
comparable property exists in order for a coun ty assessor to
establish a value for ad valorem tax purposes. The manual shall
include information concerning valuation of hazardo us waste disposal
facilities and such other types of facili ties as may be requested by
the county assessor for which the asse ssor does not have adequate
data to value such property;
7. Render such other assistance as m ay be conducive to the
proper assessment of property for ad valorem taxatio n;
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8. Recommend rules to the Tax Commission establishing uniform
procedures and standa rds for the appraisal of real property by
county assessors;
9. Develop assessment manuals for the valuation of manufactured
homes and periodic updates for such manuals for use by county
assessors; and
10. Promptly notify county assessors, county treasure rs and
members of county excise and equalization boards of any changes to
the laws relating to ad valorem taxation.
B. The county assessors shall not use any form not p rescribed
or approved by the Ad Valorem Division.
C. Each county assessor shall comply with the rules and guides
adopted by the Oklahoma Tax Commission.
D. The Ad Valorem Division , upon request of any county
assessor, shall furnish to the county assessor any information show n
by its files and records as to any real and personal property,
subject to taxation, including income and expense data as shown by
income tax returns, to the e nd that no property shall escape
taxation, and this information is to be fu rnished notwithstandi ng
any statute that such files and records shall be confidential a nd
privileged.
E. The Ad Valorem Division shall be authorized to obtain
information relating to the ownership, location, taxable s tatus or
valuation for purposes of ad valorem taxation of r eal or personal
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property from any state agency, board, commission, department,
authority or other division of state government if necessary to
respond to a request by a county assessor as provided by subsection
D of this section. Such information shall be confidential and
privileged and shall only be released to a count y assessor in order
to locate, discover and correctly value taxable property as required
by law.
F. The Ad Valorem Division, upon request of the agency
designated as the Census Bureau State Data Center , shall furnish all
location data and addresses necess ary for the agency to complete its
work with the United State s Census Bureau (USCB).
SECTION 2. This act shall bec ome effective November 1, 2024.
59-2-10438 JM 02/22/24