Oklahoma SB1825 mandates debt measures involving ad valorem tax levies to be voted on in General Elections and requires specific ballot language.
Oklahoma SB1825 establishes that any ballot measure authorizing the issuance of debt to be paid by the levy of an ad valorem tax must be voted on in a General Election. Additionally, any measure that authorizes the levy of an ad valorem tax or increases the rate of ad valorem taxation must include specific language on the ballot stating "THIS IS A TAX INCREASE" and provide details on the current and proposed millage rates. This bill aims to ensure transparency and clarity for voters regarding tax-related measures.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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