SB818 — Ad valorem tax; modifying amount of exemption, income limit, and age for additional homestead exemption. Effective date.

SB818 — Ad valorem tax; modifying amount of exemption, income limit, and age for additional homestead exemption. Effective date. · Informed CitizenrySB818 amends Oklahoma law to modify the additional homestead exemption for heads of households. The bill increases the exemption amount from $1,000 to $3,000 of the assessed valuation. It also incr…Open in Informed Citizenry