HB3847

Oklahoma HB3847 amends tax sale procedures for unpaid taxes on single-family residences.

Oklahoma HB3847 modifies the process for foreclosing liens on single-family residences due to unpaid taxes. It allows the board of county commissioners or the property owner to direct the district attorney to file an action for foreclosure. The bill also removes the population cap for exemption eligibility and requires property owners to apply annually for exemption from tax sales. Exemptions apply to properties with a fair market value not exceeding $180,000, where the owner is 65 years or older, totally disabled, or has an annual income below the HHS Poverty Guidelines.