{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-2887","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-2887","heading":"Exempt property","body":"The following property shall be exempt from ad valorem taxation:\n\n1. All property of the United States, and such property as may\n\nbe exempt by reason of treaty stipulations existing at statehood\n\nbetween the Indians and the United States government, or by reason\n\nof federal laws in effect at statehood, during the time such\n\ntreaties or federal laws are in force and effect. In instances\n\nwhere a federal agency has obtained title to property through\n\nforeclosure, voluntary or involuntary liquidation or bankruptcy,\n\nwhich was previously subject to ad valorem taxation, the property\n\nmay continue to be assessed for ad valorem taxes if such federal\n\nagency has agreed to pay such taxes;\n\n2. All property of this state, and of the counties, school\n\ndistricts, and municipalities of this state, including property\n\nacquired for the use of such entities pursuant to the terms of a\n\nlease-purchase agreement which provides for the passage of title or\n\nthe release of security interest, if applicable, upon payment of all\n\nrental payments and an additional nominal amount;\n\n3. All property of any college or school, provided such\n\nproperty is devoted exclusively and directly to the appropriate\n\nobjects of such college or school within this state and all property\n\nused exclusively for nonprofit schools and colleges;\n\n4. The books, papers, furniture and scientific or other\n\napparatus pertaining to any institution, college or society referred\n\nto in paragraph 3 of this section, and devoted exclusively and\n\ndirectly for the purpose above contemplated, and the like property\n\nof students in any such institution or college, while such property\n\nis used for the purpose of their education;\n\n5. All fraternal orphan homes and other orphan homes;\n\n6. All property used for free public libraries, free museums,\n\npublic cemeteries, or free public schools;\n\n7. All property used exclusively and directly for fraternal or\n\nreligious purposes within this state. For purposes of this\n\nparagraph, an exemption based on religious purposes includes real\n\nproperty owned by a church which allows its premises to be used by\n\nan entity if such entity is not required to make rental payments to\n\nthe church, is not required to execute a formal lease agreement with\n\nrespect to its occupancy of the church premises and conducts\n\ninstruction of children from any or all grades for ages preschool\n\nthrough twelfth grade, including religious instruction consistent\n\nwith the doctrines of the church the premises of which are being\n\nused for that purpose. For purposes of this paragraph, a\n\nrequirement by a church to be reimbursed by the entity for utility\n\nexpenses, janitorial services or similar expenses shall not be a\n\nbasis upon which to remove or deny the exempt status of church\n\nproperty. Exempt status of church property shall not be removed nor\n\nshall church property be allocated between taxable and exempt status\n\nbased on the use of church premises by an entity as described by\n\nthis paragraph.\n\nFor purposes of administering the exemption authorized by this\n\nsection and in order to determine whether a single family\n\nresidential property is used exclusively and directly for fraternal\n\nor religious purposes, the fair cash value of a single family\n\nresidential property, for which an exemption is claimed as\n\nauthorized by this subsection, in excess of Five Hundred Thousand\n\nDollars ($500,000.00) for the applicable assessment year shall not\n\nbe exempt from taxation;\n\n8. All property of any charitable institution organized or\n\nchartered under the laws of this state as a nonprofit or charitable\n\ninstitution, provided the net income from such property is used\n\nexclusively within this state for charitable purposes and no part of\n\nsuch income inures to the benefit of any private stockholder,\n\nincluding property which is not leased or rented to any person other\nr\n\nchartered under the laws of this state as a nonprofit or charitable\n\ninstitution, provided the net income from such property is used\n\nexclusively within this state for charitable purposes and no part of\n\nsuch income inures to the benefit of any private stockholder,\n\nincluding property which is not leased or rented to any person other\n\nthan a governmental body, a charitable institution or a member of\n\nthe general public who is authorized to be a tenant in property\n\nowned by a charitable institution under Section 501(c)(3) of the\n\nInternal Revenue Code and which includes but is not limited to an\n\ninstitution that either:\n\na. additionally satisfies the income standards set forth\n\nin Internal Revenue Service Revenue Procedure 96-32,\n\nwhich may be audited by the county assessor of the\n\napplicable county, in addition to other requirements\n\nof this subparagraph, as a condition of obtaining and\n\nmaintaining the exemption, if:\n\n(1) the property provides residential rental\n\naccommodations regardless of whether services or\n\nmeals are provided, and\n\n(2) the property:\n\n(a) is occupied as of the applicable January 1\n\nassessment date if the structure is a\n\nsingle-family dwelling, or\n\n(b) has an average seventy-five percent (75%)\n\noccupancy rate, based upon the total number\n\nof units suitable for occupancy, during the\n\ncalendar year preceding the applicable\n\nJanuary 1 assessment date if the property\n\ncontains multiple structures suitable for\n\nmulti-family housing. The owner of any\n\nproperty subject to the occupancy\n\nrequirements prescribed herein shall submit\n\na report to the county assessor of the\n\ncounty in which the property is located no\n\nlater than December 15 each year regarding\n\nthe occupancy rate for the preceding eleven\n\n(11) months. If the report indicates that\n\nthe average occupancy rate was less than\n\nseventy-five percent (75%), the county\n\nassessor shall determine the taxable value\n\nof the property for the succeeding\n\nassessment year and the property shall not\n\nbe exempt for any subsequent assessment year\n\nunless the average occupancy rate is at\n\nleast seventy-five percent (75%) during the\n\nsucceeding eleven-month period. Except as\n\nprovided in Section 178.6 of Title 60 of the\n\nOklahoma Statutes, no asset consisting of a\n\nsingle-family or multi-family dwelling unit\n\nowned by an entity the property of which\n\nwould otherwise be exempt pursuant to\n\nsubparagraph a of this paragraph shall be\n\nexempt from ad valorem taxation if any such\n\ndwelling unit was improved with or acquired\n\nwith any portion of proceeds from the sale\n\nof obligations issued by any entity\n\norganized pursuant to Section 176 of Title\n\n60 of the Oklahoma Statutes if the interest\n\nincome derived from such obligations is\n\nexempt from federal income tax, or\n\nb. (1) for a facility constructed prior to January 1,\n\n2006, is a continuum of care retirement community\n\nproviding housing for the aged, licensed under\n\nOklahoma law, owned by a nonprofit entity\n\nrecognized by the Internal Revenue Service as a\n\nSection 501(c)(3) tax-exempt entity and located\n\nin a county with a population of more than five\n\nhundred thousand (500,000) according to the\n\nlatest Federal Decennial Census, and\n\n(2) (a) for a facility in which construction was\n\ncompleted on or after January 1, 2006, is:\n\ni. a continuum of care retirement\n\ncommunity providing housing for the\n\naged, licensed under Oklahoma law,\n\nii. owned by a nonprofit entity recognized\n\nby the Internal Revenue Service as a\n\nSection 501(c)(3) tax-exempt entity,\n\nand\n\niii. located in any county of the state\n\nregardless of population, or\nnd\n\n(2) (a) for a facility in which construction was\n\ncompleted on or after January 1, 2006, is:\n\ni. a continuum of care retirement\n\ncommunity providing housing for the\n\naged, licensed under Oklahoma law,\n\nii. owned by a nonprofit entity recognized\n\nby the Internal Revenue Service as a\n\nSection 501(c)(3) tax-exempt entity,\n\nand\n\niii. located in any county of the state\n\nregardless of population, or\n\n(b) for a facility other than a facility\n\ndescribed by division (1) of subparagraph b\n\nof this paragraph and which is partially or\n\nfully constructed prior to January 1, 2006,\n\nis:\n\ni. owned and occupied on or after January\n\n1, 2006, by an entity that operates a\n\ncontinuum of care retirement community\n\nproviding housing for the aged,\n\nlicensed under Oklahoma law,\n\nii. owned by a nonprofit entity recognized\n\nby the Internal Revenue Service as a\n\nSection 501(c)(3) tax-exempt entity,\n\nand\n\niii. is located in any county of the state\n\nregardless of population;\n\n9. All property used exclusively and directly for charitable\n\npurposes within this state, provided the charity using said property\n\ndoes not pay any rent or remuneration to the owner thereof unless\n\nthe owner is a charitable institution described in Section 501(c)(3)\n\nof the Internal Revenue Code, 26 U.S.C., Section 501(c)(3), or a\n\nveterans' organization described in Section 501(c)(19) of the\n\nInternal Revenue Code, 26 U.S.C., Section 501(c)(19);\n\n10. All property of any hospital established, organized and\n\noperated by any person, partnership, association, organization,\n\ntrust, or corporation, as a nonprofit and charitable hospital,\n\nprovided the property and net income from such hospital are used\n\ndirectly, solely, and exclusively within this state for charitable\n\npurposes and that no part of such income shall inure to the benefit\n\nof any individual, person, partner, shareholder, or stockholder, and\n\nprovided further that such hospital facilities shall be open to the\n\npublic without discrimination as to race, color or creed and\n\nregardless of ability to pay, and that such hospital is licensed and\n\notherwise complies with the laws of this state relating to the\n\nlicensing and regulation of hospitals;\n\n11. All libraries and office equipment of ministers of the\n\nGospel actively engaged in ministerial work in the State of\n\nOklahoma, where said libraries and office equipment are being used\n\nby said ministers in their ministerial work, shall be deemed to be\n\nused exclusively for religious purposes and are declared to be\n\nwithin the meaning of the term \"religious purposes\" as used in\n\nArticle X, Section 6 of the Constitution of the State of Oklahoma;\n\n12. Household goods, tools, implements and livestock of every\n\nperson maintaining a home, not exceeding One Hundred Dollars\n\n($100.00) in value or One Thousand Dollars ($1,000.00) in value if\n\nArticle X, Section 6 of the Oklahoma Constitution provides for an\n\nexemption in such amount; and in addition thereto, there shall be\n\nexempt from taxation on personal property the further sum of Two\n\nHundred Dollars ($200.00) to all enlisted and commissioned\n\npersonnel, whether on active duty or honorably discharged, who\n\nserved in the Armed Forces of the United States during:\n\na. the Spanish-American War,\n\nb. the period beginning on April 6, 1917, and ending on\n\nJuly 2, 1921,\n\nc. the period beginning on December 6, 1941, and ending\n\non such date as the state of national emergency as\n\ndeclared by the President of the United States shall\n\ncease to exist, or\n\nd. any other or future period during which a state of\n\nnational emergency shall have been or shall be\n\ndeclared to exist by the Congress or the President of\n\nthe United States.\n\nAll surviving spouses made so by the death of such enlisted or\n\ncommissioned personnel, who are bona fide residents of this state,\n\nes shall\n\ncease to exist, or\n\nd. any other or future period during which a state of\n\nnational emergency shall have been or shall be\n\ndeclared to exist by the Congress or the President of\n\nthe United States.\n\nAll surviving spouses made so by the death of such enlisted or\n\ncommissioned personnel, who are bona fide residents of this state,\n\nshall be entitled to the above additional exemption provided in this\n\nparagraph;\n\n13. Family portraits;\n\n14. All food and fuel provided in kind for the use of the\n\nfamily not to exceed provisions for one (1) year's time, and all\n\ngrain and forage necessary to maintain for one (1) year the\n\nlivestock used to provide food for the family. No person from whom\n\npay is received or expected for board shall be considered a member\n\nof the family within the intent and meaning of this paragraph;\n\n15. All growing crops; and\n\n16. All game animals, fowl and reptile, which are not being\n\ngrown for food or sale and which are kept exclusively for\n\npropagation or exhibition, in private grounds or public parks in\n\nthis state.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"9599c85f0426ca124c7e4bd1b3e198207ebddfba0ddb5ecd228aa250c3ab3d96","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-2886","next":"us-ok/okla.-stat.-tit.-68-68-2887.1"},"notice":"GroundRules: Original legal text. Not legal advice."}