OKLAHOMA CITY – Rep. Robert Manger, R-Oklahoma City, celebrated the passage of a house joint resolution that would adjust ad valorem taxes for certain Oklahomans if approved by the voters.
House Joint Resolution 1047 would freeze the assessed value of a home when it comes to ad valorem taxes for Oklahomans when they reach the age of 65.
“I filed this legislation because it has the potential to really help a lot of our most vulnerable Oklahomans,” Manger said. “By freezing this valuation, Oklahomans 65 and older can more properly budget their fixed incomes from year to year. I’m thankful that the majority of my colleagues in the House agreed that this is a good piece of legislation, and I’m hopeful to see it pass in the Senate as well.”
If passed by the Legislature, HJR 1047 would direct the Secretary of State to put the issue on the ballot for a vote of the people.
HJR 1047 passed by a vote of 83-13 and is now eligible to be heard by the Senate.
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