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

This bill establishes the Oklahoma Revenue and Taxation Act of 2026 as the official name for future revenue and taxation legislation in the state. It does not change any existing tax laws or rates but serves as a formal title for upcoming tax-related statutes. The act becomes effective on November 1, 2026, providing a clear reference point for future tax provisions. This procedural measure affects all Oklahoma taxpayers indirectly by standardizing how future tax laws are identified and cited. The bill is currently in its early stages of the legislative process and has not yet been fully reviewed by committees.