Oklahoma House Bill HJR1039

Oklahoma 2024 Regular Session

• Introduced: 2/6/23
• Refer: 2/7/23

Caption

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

Impact

If passed, the amendments will have a notable effect on state laws regarding property tax exemptions for disabled veterans and their families. They will be entitled to claim the full exemption from taxes on both their household personal property and their homestead properties, effective January 1, 2025. This proposed change addresses previous exemptions that were tied to the term 'head of household,' making it more inclusive for veterans rather than limiting it to a household designation.

Summary

HJR1039 is a Joint Resolution proposing amendments to the Oklahoma Constitution, specifically targeting Sections 8D, 8E, and 8F of Article X. The central focus of the resolution is to modify the phrasing in property tax exemptions from referencing 'head of household' to 'veterans.' This change is designed to benefit veterans who are honorably discharged and have a 100% permanent disability, allowing them and their surviving spouses to claim exemptions from ad valorem taxation on all household personal property and homestead properties.

Contention

Discussion around HJR1039 may raise points of contention regarding the scope of the proposed amendments. While supporters argue that this resolution is a step towards honoring the sacrifices of veterans, critics might question the implications of changing tax parameters and the potential financial impact on local government revenues. The resolution also appears to reflect a broader commitment to recognize the contributions of veterans within the state's legislative framework, but it could lead to debates over fiscal responsibility and the sustainability of such tax exemptions.