The state Senate General Government committee has passed Realtors-supported House Bill 2620, dubbed the Protect Property Rights Act, 7-0. The measure would stop Oklahoma City’s registry of abandoned and vacant properties and prevent any other city from creating such a registry.
The bill would “prevent cities from penalizing property owners,” according to the Oklahoma Association of Realtors.
Supporters of registries say they protect property values by holding property owners accountable for keeping buildings from becoming dilapidated.
“Our members have placed a priority on this bill because we care about Oklahoma property owners and want to ensure unfair rules aren’t forced on them,” said Lisa Noon, CEO of the Realtors group.
The Realtors especially opposed fees and fines associated with administering the Oklahoma City registry.
The measure passed the House on March 4, 68-23, and is headed to the Senate floor.