Oklahoma Administrative Code
Title 710 - Oklahoma Tax Commission
Chapter 10 - AD Valorem
Subchapter 3 - Equalization Study
Part 1 - GENERAL PROVISIONS
Section 710:10-3-19 - Data collection for assessment and equity analysis
Current through Vol. 42, No. 1, September 16, 2024
(a) The purpose of data collection under this Subchapter is to develop objective measurement of market value and market-use value statistics within each county for purposes of the development of equalization data, market-use analysis, and other data related to the Oklahoma Tax Commission's responsibility to report to the State Board of Equalization.
(b) The procedures for data collection of sales and assessment information necessary to analyze the assessment and valuation equity component part of the equalization study shall also be addressed in this Subchapter.
(c) The Director of the Ad Valorem Division may prescribe by memorandum specific internal procedures for the Oklahoma Tax Commission staff to utilize to complete the equalization study in a timely and efficient manner.
Added at 11 Ok Reg 3469, eff 6-26-94; Amended at 15 Ok Reg 3451, eff 7-11-98