SB678 — Ad valorem tax collections; creating the Centrally Assessed Ad Valorem Volatility Reimbursement Fund; prescribing qualifications and reimbursement amount. Effective date. Emergency.

SB678 — Ad valorem tax collections; creating the Centrally Assessed Ad Valorem Volatility Reimbursement Fund; prescribing qualifications and reimbursement amount. Effective date. Emergency. · Informed CitizenryThis bill creates the Centrally Assessed Ad Valorem Volatility Reimbursement Fund, a revolving fund in the State Treasury for the Oklahoma Tax Commission. The fund is intended to reimburse counties…Open in Informed Citizenry