Oklahoma 2024 2024 Regular Session

Oklahoma House Bill HJR1019 Introduced / Bill

Filed 01/18/2023

                     
 
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STATE OF OKLAHOMA 
 
1st Session of the 59th Legislature (2023 ) 
 
HOUSE JOINT 
RESOLUTION 1019 	By: Manger 
 
 
 
 
AS INTRODUCED 
 
A Joint Resolution directing the Secretary of State 
to refer to the people for their approval or 
rejection a proposed amendmen t to Section 8C of 
Article X of the Constitution of the State of 
Oklahoma; eliminating income threshold ; providing 
ballot title; and directing filing. 
 
 
 
 
BE IT RESOLVED BY THE HOUSE OF REPRESENT ATIVES AND THE SENATE OF THE 
1ST SESSION OF THE 59TH OKLAHOMA LEGISLATURE: 
SECTION 1. The Secretary of State shall refer to the people for 
their approval or rejection, as and in the manner provided by law, 
the following proposed amendment to Section 8C of Article X of the 
Constitution of the State of Oklahoma to read as follows: 
Section 8C A. Despite any provision to the contrary, beginning 
January 1, 2005 2025, the fair cash value, as determined by law, on 
each homestead of an individual head of household whose gross 
household income from a ll sources for the preceding calendar year 
did not exceed an amount as provided in subsection B of this 
section, and which individual head of household who is sixty-five 
(65) years of age or older, shall not exceed the fair cash value   
 
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placed upon the prope rty during the first year in which the 
individual head of household was sixty -five (65) years of age or 
older and had gross household income from all sources which did not 
exceed an amount as provided in subsection B of this section .  
Subject to the limita tions of this section, the fair cash value 
shall not exceed such amount as long as the individual head of 
household who is sixty -five (65) years of age or older owns and 
occupies the property and as long as the gross household income from 
all sources does not exceed an amount as provided in subsecti on B of 
this section.  If any improvements are made to the property, the 
fair cash value of the improvements shall be assessed in accordance 
with law by the county assessor and added to the assessed value of 
the property.  Once the fair cash value of the i mprovements has been 
added to the fair cash value of the property, the total fair cash 
value shall not exceed the revised valuation of the property so long 
as the individual head of household who is sixty -five (65) years of 
age or older owns and occupies t he property and so long as the gross 
household income from all sources does not exceed an amount as 
provided in subsection B of this section .  For any individual head 
of household who is sixty -five (65) years of age or older prior to 
January 1, 1997, and h as gross household income from all sources of 
Twenty-five Thousand Dollars ($25,000.00) or less in calendar year 
1996, the fair cash value of the real property shall be the fair 
cash value placed upon the propert y on January 1, 1997.  If the   
 
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individual head of household ceases to own and occupy the property 
or if the gross household income from all sources exceeds an amount 
as provided in subsection B of this section , the fair cash value of 
the property shall be d etermined as if the provisions of Section 8 
of Article X of the Constitution of the State of Oklahoma or any 
other provisions relating to a limitation on the fair cash value of 
locally assessed real property had been in effect during the time 
the property was valued pursuant to the provisions of thi s section. 
B.  The income threshold for the gross household income from all 
sources for an individual head of household under this section shall 
not exceed the amount determined by the United States Department of 
Housing and Urban Development to be the est imated median income for 
the preceding year for the county or metropolitan statistical area 
which includes such county.  The Oklahoma Tax Commission shall 
provide such information to each county assessor each yea r as soon 
as such information becomes availa ble. 
SECTION 2.  The Ballot Title for the proposed Constitutional 
amendment as set forth in SECTION 1 of this resolution shall be in 
the following form: 
BALLOT TITLE 
Legislative Referendum No. ___ _ State Question No. ____ 
THE GIST OF THE PROPOSITION IS AS FOLLOWS: 
This measure amends the Oklahoma Constitution. It amends 
Section 8C of Article 10. This section limits the fair cash   
 
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value of a homestead for individual head of household s who are 
sixty-five (65) years of age or older to not exceed the fair 
cash value placed upon the property during the first year in 
which the individual head of household was sixty -five (65) years 
of age or older.  Currently, this section only applies if the 
individual head of household meets the age requirement and an 
income limit determined by the United States Department of 
Housing and Urban Development to be the estimated median income 
for the preceding year for the county or metropolitan 
statistical area which includes such county.  This measure would 
eliminate the income limit requirement.  If this measure passes, 
this section will apply if the individual head of household is 
sixty-five (65) years of age or older . 
SHALL THE PROPOSAL BE APPROVED? 
FOR THE PROPOSAL — YES _____________ 
AGAINST THE PROPOSAL — NO  _____________ 
SECTION 3.  The Chief Clerk of the House of Representatives, 
immediately after the passage of this resolution, shall prepare and 
file one copy thereof, including the Ballot Title set forth in 
SECTION 2 hereof, with the Secretar y of State and one copy with the 
Attorney General. 
 
59-1-5155 AQH 10/28/22