New laws in Oklahoma will help save on taxes and reform a state agency.
Oklahoman's voted to approve two property tax breaks in November, but they go into effect today. Another law on the books for the first of the year is a change in how the Department of Human Services reports neglect and abuse.
Voters approved a lower cap for how much property value can increase in a single year. The previous cap was at 5 percent and is now at 3 percent. As of today state assessed businesses can write off their intangible property from state ad valorem taxes.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.