SB1993

Ad valorem; authorizes counties to decrease millage levy to libraries when in best interest of taxpayers; codification. Effective date.

Introduced·2/2/26
Int Text

Oklahoma SB1993 allows counties to reduce millage levies for libraries if it benefits taxpayers.

Oklahoma SB1993 authorizes counties to decrease the millage levy for libraries when it is in the best interest of taxpayers. The bill specifies that the reduced levy must not fall below the minimum of one mill, as required by the Oklahoma Constitution. The act also mandates that the board of county commissioners must make a determination that the reduction is in the best interests of the taxpayers. The new law will be codified in the Oklahoma Statutes as Section 170 of Title 65, and it will become effective November 1, 2026.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.

Where it stands

Current
Revenue and Taxation Committee
Next
Committee decision

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

History

Feb 3

Senate

Second Reading referred to Revenue and Taxation

Feb 2

Senate

First Reading

Feb 2

Senate

Authored by Senator Standridge