Bill > HB1055

This bill establishes the Oklahoma Revenue and Taxation Act of 2025, which is primarily a procedural piece of legislation that creates a new law without modifying existing statutes. The bill sets its own name as the "Oklahoma Revenue and Taxation Act of 2025" and specifies that it will become effective on November 1, 2025. While the bill's text does not provide details about specific tax or revenue changes, it appears to be a formal legislative mechanism for introducing potential future tax-related provisions, with the primary purpose of establishing a framework or placeholder for revenue and taxation policies in Oklahoma for the year 2025. The bill is short and focused on naming and establishing an effective date for potential future tax legislation.

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1055&Session=2600