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Measure Details

Homestead Exemption Surviving Spouse of Veteran

Oklahoma Ballot Measure - SQ 771 - LR 366

Election: Nov. 4, 2014 (General)
Outcome: Pending

Categories:
Housing and Property
Veterans
Constitution

Measure Text

This measure amends the Oklahoma Constitution. It would add a new Section 8F to Article 10. It would create a homestead exemption for the surviving spouse of military personnel who die in the line of duty. The United States Department of Defense or the applicable branch of the United States military would make the determination regarding whether the person engaged in military service died while in the line of duty. It would provide the surviving spouse of such person with a one hundred percent (100%) exemption for the fair cash value of the homestead until the surviving spouse remarried. This measure would allow the surviving spouse to sell the homestead, but acquire another homestead property in the same calendar year. The exemption would apply to the newly acquired homestead property to the same extent as the original exemption for the homestead property that was sold. The exemption would apply beginning in calendar year 2015. The exemption would also apply for the 2014 calendar year if the surviving spouse meets applicable requirements.

SHALL THE PROPOSAL BE APPROVED?

FOR THE PROPOSAL -- YES __________

AGAINST THE PROPOSAL -- NO __________

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