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BANKING, AD VALOREM BILLS PASS SENATE PANEL / AD VALOREM MEASURE AMENDED
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Two ad valorem tax reform measures were
passed Tuesday by the Oklahoma Senate Finance Committee, but not
without amendments.
House Joint Resolution 1045 was approved by a vote of 10 to 6,
while House Bill 1750 passed by a vote of 11 to 5. But though both
measures are slated next for consideration by the full Senate, the
titles were striken, so both ultimately will go to conference
committee for further work.
Changes approved by the committee included:
- A subst...
Related newspaper, magazine, and journal articles from HighBeam Research
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SENATE APPROVES TWO MEASURES TO OVERHAUL AD VALOREM SYSTEM / BOTH HEAD TO COMMITTEE
The Journal Record
; Journal Record Staff Reporter Two bills designed to completely overhaul Oklahoma's ad valorem tax system were passed by the Oklahoma Senate Thursday. House Joint Resolution 1045 and House Bill 1750, both sponsored in the Senate by Sen. Stratton Taylor, D-Claremore, are slated next for conference
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JOINT RESOLUTION TO LET VOTERS TO DECIDE ON TAX RATES OK'D
The Journal Record
; A joint resolution to provide a more equal distribution of ad valorem collections to school districts and also allow county voters to decide ad valorem tax rates was passed Tuesday by the Oklahoma House of Representatives Appropriations and Budget Committee. House Joint Resolution 1030 by Rep.
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Barker Unveils Reform Program for State Ad Valorem System / Will Be 'Most Important Accomplishment'
The Journal Record
; House Speaker Jim Barker, D-Muskogee, Thursday unveiled an ad valorem reform program, which he said will be the "most important accomplishment of this legislative session, if not of this decade." The proposal includes a system to assess property at 100 percent of fair cash value and an advisory
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NEW GROUP SUPPORTS MEASURES TO CHANGE AD VALOREM SYSTEM
The Journal Record
; KEWORD-HIT Representativesof a new group, called Fair Ad Valorem Is Reform, announced Wednesday it is supporting legislative measures designed to change radically Oklahoma's ad valorem system. The group includes representatives from the Oklahoma State Chamber of Commerce and Industry, several local
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AD VALOREM TAX PARITY TO BE HIT IN 15 YEARS UNDER REFORM
The Journal Record
; Parity between the ad valorem tax rate for public utilities and homeowners would be reached in 15 years under the ad valorem system reform package under consideration by the Oklahoma Legislature this session. The Oklahoma House of Representatives Appropriations and Budget Committee Thursday passed
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