Revenue and taxation; Oklahoma Revenue and Taxation Act of 2025; effective date.

HB 1518 establishes the title "Oklahoma Revenue and Taxation Act of 2025" for future tax legislation and sets its effective date as November 1, 2025. This is a procedural bill that does not create new tax policies or affect taxpayers directly; it solely names a future tax law. The bill has been introduced and referred to committee but contains no substantive tax changes. It will not be codified in Oklahoma Statutes, serving only as an administrative designation for upcoming tax legislation.