Opinion No. (1979)

Dear Honorable Arnold,

The Attorney General is in receipt of your request for an opinion wherein you ask, in effect, the following questions:

1. Is property, both real and personal, held by Public Trusts, pursuantto 60 O.S. 176[60-176] et seq. (1971), as amended and other legislativeprovisions exempt from ad valorem taxation under Article X, Section 6 ofthe Oklahoma Constitution or by any other Constitutional authority? 2. If such public trust property is not constitutionally exempted fromad valorem taxation, is the present practice of according either anexpress or implied ad valorem tax…