H.J.Res.1046

Oklahoma HJR1046 proposes a constitutional amendment to exempt primary residences damaged by severe weather from ad valorem taxation.

Oklahoma HJR1046 proposes an amendment to Section 6 of Article 10 of the Oklahoma Constitution, allowing for the exemption of primary residences from ad valorem taxation if they are damaged or destroyed by severe weather events such as high winds, hail, or tornadoes. The exemption applies to the tax year immediately following the year of occurrence if the damage happens after June. The bill also includes provisions for storm shelters and defines "damaged or destroyed" as uninhabitable. The amendment requires approval from the people through a legislative referendum.