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State Question 847, Legislative Referendum 381

State Question 847, Legislative Referendum 381

No official arguments Upcoming Constitutional amendment taxeshousing As of 2026-10-10
Data note

oklahoma.gov sq2026/sq847-final-ballot-title-accessible.pdf returns 404 (dead URL used in master CSV pattern); non-accessible sq847-final-ballot-title.pdf is image-only. Text taken from sos.ok.gov/documents/questions/847.pdf.

Oklahoma publishes no official pro/con arguments or yes/no meaning statements (ballot: "For the proposal – YES / Against the proposal – NO").

fiscal_impact is the fiscal sentence inside the official ballot title.

Ballot title text from text layer of SOS file.

Ballot text (Final ballot title (as rewritten by the Attorney General), filed with Secretary of State)

This measure amends article 10, sections 8B and 8C of the Oklahoma Constitution. Currently, section 8B limits annual growth in fair cash value to 5% for most real property or 3% for homesteads and agricultural land. If approved, the measure would limit annual growth in fair cash value for tax year 2027 and after to 4% for most real property or 1.75% for homesteads and agricultural land. Currently, section 8C prohibits any increase in fair cash value of homestead property for persons age sixty-five (65) or older whose income does not exceed certain limits, sometimes referred to as the “senior freeze.” Instead of prohibiting any increase in fair cash value for these homesteads, there would be an annual limit of 1.75%. The measure eliminates the income cap on gross household income to qualify for the senior freeze. If approved, the annual limit on an increase in fair cash value would be tied to how much gross household income the homestead owner had in the preceding year. If a homeowner’s gross household income from the previous year was at or below the median income for their county or area (as determined by the U.S. Department of Housing and Urban Development’s estimated median income amount for the county or metropolitan statistical area), a homeowner’s homestead fair cash value cannot be increased. If the income amount was in excess of certain thresholds, the limit on increases in fair cash value for homesteads owned by persons age 65 or older could be 0.35% (income over 100% up to 120%); 0.7% (income over 120% up to 140%); 1.05% (income over 140% up to 160%); 1.4% (income over 160% up to 180%); or 1.75% (income over 180%). If passed, this measure would have a fiscal impact on the state, but the exact impact is unknown. Shall the proposal be approved? For the proposal – YES Against the proposal – NO

What a YES vote means

Not published by the state

What a NO vote means

Not published by the state

Explanatory statement

Not published by the state

Fiscal impact

If passed, this measure would have a fiscal impact on the state, but the exact impact is unknown.

Argument FOR

Not published by the state

Argument AGAINST

Not published by the state

Both columns use the same layout. Text is quoted from the official state guide. Views expressed belong to the argument authors.

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