State Question 714 and property tax exemptions
Wednesday, October 27th 2004, 5:19 pm
By: News On 6
State Question 714 could give senior citizens a break on property taxes. State question 714 would raise the amount of money senior citizens can make and still be eligible for a property tax exemption on their homes.
Right now, you have to be 65 or older and make less than $25,000 a year to be eligible for an exemption.
State Question 714 would change the income requirement to the average income for your area. That means seniors living in the Tulsa metropolitan area could make up to $50,000 and still be eligible for the exemption.