Oklahoma § 62-883 - Purpose

Full text of Oklahoma Oklahoma Statutes § 62-883 — Purpose, with citation guidance and answers to common questions.

§ 62-883. Purpose

It is hereby declared to be the purpose of the Oklahoma Housing

Reinvestment Program Act to encourage reinvestment in housing in

those areas of this state for which a demonstrated need for housing

exists but is not met through existing public and private efforts by

authorizing local governmental entities to provide abatement of ad

valorem taxes during the first years after new or remodeled housing

construction.

Added by Laws 2002, c. 344 , § 3, eff. Jan. 1, 2003.

Frequently Asked Questions About Oklahoma § 62-883

What does Oklahoma Statutes § 62-883 cover?

Section 62-883 ("Purpose") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Oklahoma § 62-883?

A common citation format is "Oklahoma Statutes § 62-883" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Oklahoma law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.

How does Oklahoma § 62-883 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.