Okla. Stat. tit. 68 § 2889

Current through Laws 2024, c. 453.
Section 2889 - Homesteads - Classification - Exemption from ad valorem taxation

Homesteads, as defined in Section 2888 of this title, are hereby classified for the purpose of taxation as provided in Section 22 of Article X of the Oklahoma Constitution. All homesteads in this state shall be assessed for taxation the same as other real property therein, except that each homestead, as defined by Section 2801 et seq. of this title, shall be exempted from all forms of ad valorem taxation to the extent of One Thousand Dollars ($1,000.00) of the assessed valuation.

Okla. Stat. tit. 68, § 2889

Added by Laws 1988, c. 162, § 89, eff. 1/1/1992; Amended by Laws 1997, c. 304, § 10, emerg. eff. 5/29/1997.