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STATE OF OKLAHOMA
1st Session of the 59th Legislature (2023)
SENATE BILL 684 By: Stanley
AS INTRODUCED
An Act relating to inspection of real propert y;
amending 68 O.S. 2021, Section 2821, which relates to
physical inspection o f certain real property;
allowing county assessors to use certain technology
to inspect properties; and providing an effective
date.
BE IT ENACTED BY THE PEOPLE OF THE STATE O F OKLAHOMA:
SECTION 1. AMENDATORY 68 O.S. 2021, Section 2821, is
amended to read as follows:
Section 2821. A. Each county assessor shall cause real
property to be physically inspected as part of the visual inspection
cycle and shall require such examination as will provide adequate
data from which to make accur ate valuations. After the initial
physical inspection o f property, changes to property may be
discovered with the use of digital aerial images taken by fi xed-wing
aircraft complying with Federal Aviation Administration regulations.
B. The information gathered from the physical inspection shall
be relevant to the type of property involved, its use category, the
valuation methodology to be used for the property, whether the
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methodology consists of the cost approach, an income and expense
approach or sales comparison approach, and shall be complete enough
in order to establish the fair cash value of the property in
accordance with accepted standards for mass appraisal practice.
C. Information gathered during the physical inspection shall be
recorded using a standard method as prescribed by the Oklahoma Tax
Commission in computerized or noncomputerized form. The information
may include property ownership, location, size, use, use category, a
physical description of the land and improvements or such other
information as may be required.
D. In order to conduct the visual in spections of real property
during the four-year cycle, each county assessor shall acquire and
maintain cadastral maps and a parcel identific ation system. The
standards for the cadastral maps and the parcel identification
system shall be uniform for each c ounty of the state and shall be in
such form as developed by the Ad Valorem Task Force.
E. The county assessor shall maintain a comprehensi ve sales
file for each parcel of real property within the county containing
relevant property characteristics, sales price information,
adjustments to sales price for purposes of cash equivalency,
transaction terms and such other information as may be requ ired in
order to establish the fair cash value of taxable real property.
Each county assessor shall ensure that the office is equipped
with adequate drafting facilities, tools, equipment and supplies in
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order to produce or update maps, sketches or drawings necessary to
support the proper administratio n of the ad valorem tax and such
other tools or equipment as may be re quired to perform duties
imposed by law for the discovery and valuation of taxable property.
SECTION 2. This act shall beco me effective November 1, 2023.
59-1-314 KR 1/18/2023 12:31:46 PM