2025 Regular Session • Oklahoma Legislature
SB678
Legislative Summary
Ad valorem tax collections; creating the Centrally Assessed Ad Valorem Volatility Reimbursement Fund; prescribing qualifications and reimbursement amount. Effective date. Emergency.
Demographic Impact
Overall analysis of equity impact
60% Positive
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Bill History
2/3/2025
First Reading
Senate
2/3/2025
Authored by Senator Pederson
Senate
2/4/2025
Second Reading referred to Revenue and Taxation Committee then to Appropriations Committee
Senate
3/3/2025
Reported Do Pass, amended by committee substitute Revenue and Taxation committee; CR filed
Senate
3/3/2025
Referred to Appropriations
Senate
3/3/2025
Coauthored by Representative Boles (principal House author)
Senate
3/5/2025
Reported Do Pass as amended Appropriations committee; CR filed
Senate
3/5/2025
Title stricken
Senate
3/10/2025
Placed on General Order
Senate
Amendments
Senate Committee Committee Amendment
Committee Amendment
2/27/2025Not Adopted
Roll Call Votes
Senate: Senate Bill 678: DO PASS
3/3/2025
7
Yea
3
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Introduced(2/3/2025)
Chamber
Senate
