Sims Encourages Oklahomans to Apply for Updated Homestead Exemption

As Oklahomans consider their potential tax exemptions ahead of the tax filing season, Rep. Lonnie Sims, R-Jenks, wants Oklahomans to check if they’re eligible for the homestead exemption after new legislation took effect Jan. 1. House Bill 1009 increased the statutory income qualifier to claim an additional homestead exemption from $20,000 to $25,000. This adjustment qualifies more ...