Oklahoma · 2025 Regular Session · Bill

SB 577: Ad valorem tax; requiring submission of certain information for eligibility of certain exemption; requiring the Oklahoma Tax Commission to share information with the Incentive Evaluation Commission. Effective date.

Passed both chambers Last action May 14, 2025: Becomes law without Governor's signature 05/14/2025

Plain-language summary

SB 577 is a bill introduced in the Oklahoma Senate on February 3, 2025. According to its official title, it concerns: Ad valorem tax; requiring submission of certain information for eligibility of certain exemption; requiring the Oklahoma Tax Commission to share information with the Incentive Evaluation Commission. Effective date. Primary sponsor: Daniel Pae (Republican), Dave Rader (Republican). Most recent recorded action (May 14, 2025): Becomes law without Governor's signature 05/14/2025.

Sponsors

Primary sponsors: Daniel Pae (Republican); Dave Rader (Republican).