Revenue and taxation; Oklahoma Revenue and Taxation Act of 2026; effective date.

HB 3071 is a procedural bill that names the "Oklahoma Revenue and Taxation Act of 2026" and sets its effective date as November 1, 2026. It contains no substantive tax or revenue provisions, merely establishing the bill's title and implementation timeline. The bill does not change tax rates, exemptions, or existing tax laws. This is a routine legislative step to formalize future tax legislation, not a policy change affecting taxpayers. The bill is currently in early stages (first reading, referred to Rules Committee).