Oklahoma HB2738 amends property tax laws, modifying deadlines for listing personal property and penalties for late filings.
Oklahoma HB2738 revises property tax regulations by adjusting the deadlines for listing personal property and the penalties for late filings. The bill mandates that county assessors provide suitable forms for listing and assessing all property, both real and personal, and requires these forms to be approved by the Tax Commission. It also sets specific dates for listing personal property and introduces penalties for late filings, including a 10% penalty if listed after March 15 but before April 15, and a 20% penalty if listed after April 15.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.