The Oklahoma State Legislature is in session and the first week is complete. More than 2,000 new bills and joint resolutions were filed this year, and roughly another 2,000 carry over bills remain active from the 2021 session. With 4,000+ bills available for consideration, it will be a busy session. There are 18 bills relating to the Oklahoma Landlord Tenant Act. Some of these are currently shell bills (meaning no language at this time).
Below is a list of bills that have already seen some movement during the first week of session and may be impactful for your business.
|SB1168||Property; authorizing use of certain contingency for real estate contracts. Effective date.|
|2/10/2022||S||Scheduled on Committee Calendar|
|SB1672||Residential Landlord and Tenant Act; increasing reimbursable amount for repairs; authorizing deductions from rental payments. Effective date.|
|2/8/2022||S||Second Reading referred to Judiciary|
|SB1676||Oklahoma Housing Finance Agency; prohibiting refusal of application and allocation based on certain location. Effective date.|
|2/8/2022||S||Second Reading referred to Finance|
|SB1685||Oklahoma Affordable Housing Act; modifying certain credit allocation limit. Effective date. This bill removes $1 for $1 match of state to federal LIHTC. It passed the Finance Committee last week. It will be heard in the Appropriations Committee this Wednesday, February 16, 2022 at 10:00am.|
|2/14/2022||S||Scheduled on Committee Calendar|
|SB1770||Residential Landlord and Tenant Act; increasing damage award for certain noncompliance. Effective date. This bill will increase the repair and deduct cap authorization for tenants from $100 to $2000.|
|2/8/2022||S||Second Reading referred to Judiciary|
To track and read bills, please check out www.oklegislature.gov. The following bills may be of interest to your organization and worth reading and tracking:
HB1472 Creates the Landlord Tenant Act of 2021.
HB1473 Creates the Landlord Tenant Act of 2021.
HB1474 Creates the Landlord Tenant Act of 2021.
HB1475 Creates the Landlord Tenant Act of 2021.
HB1476 Creates the Landlord Tenant Act of 2021.
HB1600 Creates the Landlord Tenant Act of 2021.
HB1619 Requires landlords to wait 15 days after giving written notice to tenant before filing for eviction.
HB1864 Creates the Landlord Tenant Act of 2021.
HB1865 Adjusts income tax breaks for business losses which are carried forward to subsequent years to apply to state income taxes as well as federal.
HB1950 Creates tax credits for lost rental income.
HB2085 Provides for a corporate income tax deduction in increasing amounts.
HB2435 Increases the amount of state LIHTC in the Oklahoma Affordable Housing Act.
HB2526 Creates the Oklahoma Landlord Tenant Act of 2021
HB3018 Real Estate Appraiser Board licensing issues.
HB3238 Issues between landlords and tenants not in conflict with the LTA shall be enforced and evictions granted.
HB3275 Homeowner insurance notice requirements.
HB3327 Creates the Oklahoma Real Estate Act of 2022.
HB3396 Creates the Oklahoma Property Act of 2022.
HB3409 Prohibits landlords from eviction for unpaid rent if the property violates habitability standards.
HB3587 Creates the Oklahoma Property Act of 2022.
HB3702 Removes standardization of contracts for real estate.
HB3794 Creates the Oklahoma Eminent Domain Act of 2022.
HB3795 Creates the Oklahoma Abstracting Act of 2022. Currently shell bill.
HB3915 Creates the Oklahoma Landlord and Tenant Act of 2022.
HB3917 Creates the Oklahoma Landlord and Tenant Act of 2022.
HB4031 Creates the Oklahoma Landlord and Tenant Act of 2022.
SB214 Modifies the Incentive Evaluation Commission.
SB329 Permits the Tax commission to disclose information to the Incentive Evaluation Commission.
SB1117 County assessor inspections and imaging software.
SB1158 Permits contingency clauses in real estate contracts to now more than 180 days for permitting, zoning and other changes and approvals.
SB1182 Counties with populations of 50,000+ may enact provisions for home rul.
SB1609 Sunsets the Abstractors Board Fund, repeals the Board. The OLTA is opposed to this bill because it repeals an entire section of statutes with no valid or functional replacement.
SB1770 Permits tenants to recover three times the damage and security deposit and prepaid rent where the landlord failed to comply with the Landlord Tenant Act.
SJR 39 Constitutional amendment to allow counties to create alternate tax jurisdictions to levy ad valorem taxes.
2022 Legislature Calendar:
FEB 7 – State of State; Session Begins
MAR 3 – Deadline for all bills to advance from committee in chamber of origin
MAR 24 – Third Reading deadline for all bills to advance from floor in chamber of origin
APR 14 – Deadline for bills to advance from committee in opposite chamber
APR 28 – Third Reading deadline for bills to advance from floor in opposite chamber
MAY – Conference Committee Process and Budget Agreement
Governor Stitt’s state of the state address put the wheels in motion for the 2022 legislative session on last Monday. During his address, he touched on the importance of maintaining momentum on education reform, the value of economic incentives to business recruitment and even signaled his support of eliminating the state sales tax on groceries.
On Tuesday the House elected Kyle Hilbert as the new House Speaker Pro Tempore. He is one of the youngest legislators to serve in this leadership post. Following the election, Speaker of the House Charles McCall announced new House committee assignments, including Rep. Ryan Martinez as vice chair of the House Appropriations and Budget Committee.
OK Policy 2022 Legislative Primer: How does a bill become a law? Who chairs key legislative committees? How much is in Oklahoma’s Rainy Day Fund? With the 2022 session here, OK Policy’s newly updated Legislative Primer will answer these questions and more. [Web] [