Two calls for action urged the defeat of HB 3217, an attempt to increase the state’s “Documentary Stamp Tax” by 33%. After nearly 1,200 responses over a period of two days, the Oklahoma House of Representatives overwhelming rejected this piece legislation by a vote of 20-64!
The third call for action was in opposition to HB 2304, which would have required additional, unnecessary requirements for sellers of residential property. The measure would have added redundant language to the Residential Property Condition Disclosure Statement, potentially exposing the parties to frivolous litigation. The legislation was a constituent request of the bill’s author and also circumvented the proper quality control process by the Oklahoma Real Estate Commission or the Oklahoma Association of REALTORS®. After nearly 700 responses in only 24 hours, the measure was pulled from the senate agenda today, the last day of session.
The Oklahoma Association of REALTORS® has built tremendous influence over the years and has an extremely effective strategy and a lobby team to carry it out. Still, much gratitude goes to the OAR members who stay connected and respond to calls for action when we ask. Nels Petersen, vice-chairman of the OAR Government Affairs Committee sums up this session perfectly, “What a demonstration of our ability to help shape legislation that makes sense for homeownership!”
Next Friday, a video edition of Capitol Insider will return to give a further synopsis of this exciting legislative session!
And as always, we welcome you to go to the Government Affairs section of okrealtors.com to see the latest information on our legislative work. If you have any questions or input, you are encouraged to contact OAR Vice President of Government Affairs Matt Robison by email or phone at 405.848.9944.