Amending Homestead Exemption Disabled Veterans

Oklahoma Ballot Measure - SQ 770

Election: Nov. 4, 2014 (General)

Outcome: Passed

Categories:

Housing and Property
Veterans

Summary


This measure amends the Oklahoma Constitution. It amends Section 8E of Article 10. This section provides a homestead exemption to certain qualifying disabled veterans. It also provides a homestead exemption to the surviving spouse of qualifying disabled veterans. This measure would allow either the veteran or his or her 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.

Resources


Official Summary

Source
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