Opinion No. (1978) Ag

REVENUE AND TAXATION Water wells, electrical distribution systems and septic tank systems, used only for servicing the homestead, may not be evaluated separately from the homestead for ad valorem tax purposes. The Oklahoma Tax Commission, when performing its statutory duty to assist the State Board of Equalization, is required to conform with a uniform method of determining assessment percentages as established by the State Board of Equalization. The Attorney General is in receipt of your request for an opinion wherein you ask, in effect, the following questions: 1. May water wells, electric…