Revenue and taxation; repealer; ad valorem; farm tractors; effective date.

HB 3437 repeals a specific tax provision (68 O.S. 2021, Section 2809) that previously exempted farm tractors from ad valorem property taxation in Oklahoma. This bill directly affects farm tractor owners by removing their tax exemption for these vehicles. The repeal takes effect January 1, 2027, and the bill contains no new provisions or mechanisms beyond this repeal.