Oklahoma HJR1009 proposes a constitutional amendment to exempt disabled veterans from ad valorem taxation on their homesteads.
Oklahoma HJR1009 proposes an amendment to Section 8E of Article 10 of the Oklahoma Constitution, allowing veterans with a disability rating between 10% and 100% to qualify for a homestead exemption on ad valorem taxation. The exemption varies based on the disability rating: 25% for 10-29%, 50% for 30-49%, 75% for 50-69%, and 100% for 70-100%. The exemption applies to the fair cash value of the homestead and extends to the surviving spouse if the head of household is deceased. The amendment requires approval from the people through a ballot.
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