The House passed House Joint Resolution 1047 by Rep. Robert Manger, R-Oklahoma City, that would freeze the assessed value of a home when it comes to ad valorem taxes for Oklahomans when they reach the age of 65.

Manger said, “By freezing this valuation, Oklahomans 65 and older can more properly budget their fixed incomes from year to year… I’m hopeful to see it pass in the Senate as well.”

If passed by the Legislature, HJR 1047 would direct the Secretary of State to put the issue on the ballot for a vote of the people.