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§ 2. Duration of exemption--Increase of homestead

Oklahoma Statutes AnnotatedConstitution of the State of Oklahoma [Annotated]

Oklahoma Statutes Annotated
Constitution of the State of Oklahoma [Annotated] (Refs & Annos)
Article XII-a. .--Homestead Exemption from Taxation (Refs & Annos)
OK Const. Art. 12-A, § 2
§ 2. Duration of exemption--Increase of homestead
Any act of the Legislature, which is authorized by this amendment and which provides that homesteads shall be exempted from ad valorem taxation, shall be in full force and effect for a period of not less than twenty years from the date of the taking effect of such act and for such time thereafter as the same shall remain without repeal or amendment by the Legislature, provided, that the homestead as defined in any such act of exemption may be increased at any time but not diminished.

Credits

Added by State Question No. 201, Initiative Petition No. 138, adopted at election held Sept. 24, 1935.
OK Const. Art. 12-A, § 2, OK CONST Art. 12-A, § 2
Current with amendments approved through June 30, 2020.
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