HB 4010 Oklahoma House · 2026 Regular Session

Revenue and taxation; Ad Valorem Reform Act of 2026; effective date.

HB 4010 is a procedural bill that establishes the name "Ad Valorem Reform Act of 2026" and sets its effective date as November 1, 2026. It contains no substantive tax policy changes or mechanisms, as it only creates a non-codified title for the act. The bill does not affect specific taxpayers or alter existing tax structures. This is a naming and scheduling measure, not a policy reform.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

Governor

Introduced Feb 2, 2026 Last action Feb 3, 2026

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What changed between versions

Introduced → Proposed Committee Substitute (full committee) 1 · 6 edits

MODERATE

The bill was completely rewritten from scratch by the committee, replacing the original 'Ad Valorem Reform Act of 2026' with a new version focused on specific property assessment rules for railroads, air carriers, and public service corporations. The committee version adds detailed definitions for modern businesses like video services providers and fixed wireless broadband Internet service providers, clarifies what types of companies are excluded from certain assessments, and establishes specific procedures for valuing video programming services.

Scope change

The bill's scope narrowed from a general ad valorem reform to specifically target assessment rules for railroads, air carriers, public service corporations, and newly defined digital service providers.

DEFINITION

Added new definitions for 'video services provider', 'video programming', 'fixed wireless broadband Internet service provider', and 'broadband service providers' to modernize the tax code.

Clarified that cable television companies and fixed wireless broadband Internet service providers are excluded from the definition of 'transmission company' and 'public service corporation'.

REQUIREMENT

Added new requirements for video services providers to file gross receipts certifications with the State Board of Equalization by April 15 each year.

Established a specific assessment method for video programming services using the statewide average assessment ratio for cable television companies, with a default of 12%.

TIMELINE

Changed the effective date from November 1, 2026 to be determined by the committee's proposed substitute.

SCOPE

Removed the original title 'Ad Valorem Reform Act of 2026' and replaced it with a more specific title focusing on ad valorem amendments.

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Full legislative history

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Committee

Feb 2, 2026

Introduced

First Reading

lower

2 primary · 0 co-sponsors