02/18/2026
!!ATTENTION!!
I wanted to share some information regarding SB 1809, which passed out of Senate committee on Monday.
SB 1809 proposes increasing the homestead exemption from $1,000 to $5,000. While we as assessors agree that the homestead exemption is due for evaluation, the proposal moves directly to the statutory maximum of $5,000, which carries a significant fiscal impact.
The bill must still clear the full Senate before moving to the House.
Because Senator McCurtain, who presented the bill, has publicly stated that he “did not know the expected fiscal impact of the measure,” I wanted to ensure you have access to those numbers for consideration and discussion.
Based on current estimates, Noble County alone would see an approximate loss of $1,233,808 in ad valorem revenue if SB 1809 is enacted as written.
Please feel free to reach out if you have any questions. I also encourage you to stay educated on the potential impacts. Tax reform is coming — and it likely should — but we must ensure it is implemented in a way that does not unintentionally dismantle the essential services funded by ad valorem dollars, including our schools, county government, and local public safety.