1 STATE OF OKLAHOMA
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2 1st Session of the 59th Legislature (2023)
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3 SENATE BILL 684 By: Stanley
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6 AS INTRODUCED
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7 An Act relating to inspection of real property;
7 amending 68 O.S. 2021, Section 2821, which relates to
8 physical inspection of certain real property;
8 allowing county assessors to use certain technology
9 to inspect properties; and providing an effective
9 date.
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12 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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13 SECTION 1. AMENDATORY 68 O.S. 2021, Section 2821, is
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14 amended to read as follows:
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15 Section 2821. A. Each county assessor shall cause real
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16 property to be physically inspected as part of the visual inspection
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17 cycle and shall require such examination as will provide adequate
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18 data from which to make accurate valuations. After the initial
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19 physical inspection of property, changes to property may be
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20 discovered with the use of digital aerial images taken by fixed-wing
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21 aircraft complying with Federal Aviation Administration regulations.
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22 B. The information gathered from the physical inspection shall
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23 be relevant to the type of property involved, its use category, the
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24 valuation methodology to be used for the property, whether the
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 1 methodology consists of the cost approach, an income and expense
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2 approach or sales comparison approach, and shall be complete enough
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3 in order to establish the fair cash value of the property in
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4 accordance with accepted standards for mass appraisal practice.
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5 C. Information gathered during the physical inspection shall be
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6 recorded using a standard method as prescribed by the Oklahoma Tax
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7 Commission in computerized or noncomputerized form. The information
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8 may include property ownership, location, size, use, use category, a
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9 physical description of the land and improvements or such other
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10 information as may be required.
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11 D. In order to conduct the visual inspections of real property
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12 during the four-year cycle, each county assessor shall acquire and
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13 maintain cadastral maps and a parcel identification system. The
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14 standards for the cadastral maps and the parcel identification
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15 system shall be uniform for each county of the state and shall be in
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16 such form as developed by the Ad Valorem Task Force.
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17 E. The county assessor shall maintain a comprehensive sales
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18 file for each parcel of real property within the county containing
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19 relevant property characteristics, sales price information,
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20 adjustments to sales price for purposes of cash equivalency,
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21 transaction terms and such other information as may be required in
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22 order to establish the fair cash value of taxable real property.
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23 Each county assessor shall ensure that the office is equipped
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24 with adequate drafting facilities, tools, equipment and supplies in
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 1 order to produce or update maps, sketches or drawings necessary to
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2 support the proper administration of the ad valorem tax and such
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3 other tools or equipment as may be required to perform duties
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4 imposed by law for the discovery and valuation of taxable property.
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5 SECTION 2. This act shall become effective November 1, 2023.
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7 59-1-314 KR 1/18/2023 12:31:46 PM
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