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Oklahoma Local Option for Manufacturing Property Tax Exemption Amendment (2014)

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Not on Ballot
Proposed ballot measures that were not on a ballot
This measure was not put
on an election ballot


The Oklahoma Local Option for Manufacturing Property Tax Exemption Amendment was not on the November 4, 2014 ballot in Oklahoma as a legislatively referred constitutional amendment. The measure, upon voter approval, would have empowered county commissioner boards to determine whether a manufacturing facility within the county's jurisdiction would be exempt from property tax or not. A county board would have decided the period of time - not to exceed five years - that the facility would be exempt and the percentage of the facility’s value that would be exempt - not to exceed 100 percent.[1]

Text of measure

Ballot title

The proposed ballot question read as follows:[2]

BALLOT TITLE
Legislative Referendum No. _____ State Question No. _____

THE GIST OF THE PROPOSITION IS AS FOLLOWS:

This measure amends the Oklahoma Constitution. It amends Section 6B of Article 10. This section provides for a property tax exemption for certain kinds of manufacturing facilities. This measure would change the way the exemption is provided. This measure would allow a majority of the board of county commissioners to decide whether a manufacturing facility would be exempt from property tax or not. A majority of the board of county commissioners would decide upon the period of time that the facility would be exempt not to exceed five years. A majority of the board of county commissioners would decide upon the percentage of the value of the facility that would be exempt not to exceed one hundred percent (100%). This same process would apply to expansions of an existing facility. The Legislature would not reimburse local governments for property tax revenues foregone because of the manufacturing exemptions. These changes would only apply to exemptions authorized for the first time on or after January 1, 2015.

SHALL THE PROPOSAL BE APPROVED?

FOR THE PROPOSAL — YES _____________

AGAINST THE PROPOSAL — NO _____________ [3]

Path to the ballot

See also: Amending the Oklahoma Constitution

A simple majority vote was required in both chambers of the Oklahoma Legislature in order to place the proposed constitutional amendment on the ballot.

See also

Footnotes

  1. Oklahoma Legislature, "House Joint Resolution 1101," accessed May 29, 2014
  2. Cite error: Invalid <ref> tag; no text was provided for refs named bill
  3. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.