Oklahoma SB1815 allows certain owners of manufactured homes to apply for a homestead exemption on ad valorem tax.
Oklahoma SB1815 amends the state's tax code to allow owners of manufactured homes to apply for a homestead exemption on ad valorem tax. The bill specifies that if a manufactured home is located on land owned by the owner, it can be assessed as real property for tax purposes. Owners residing in such homes can apply for a homestead exemption. The bill also updates definitions and provisions related to homestead exemptions, including those for disabled veterans and surviving spouses. The changes are effective as of the bill's enactment.
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- Legal Framework
- Critical Issues
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