Oklahoma SB237 amends ad valorem tax laws for manufacturing facilities and battery energy storage systems.
Oklahoma SB237 updates ad valorem tax laws by exempting manufacturing facilities and battery energy storage systems. It requires the Commissioners of the Land Office to make payments in lieu of ad valorem taxes for leased properties. The bill also mandates that the county assessor provide information on agricultural land tax rates to the Commissioners of the Land Office annually.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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