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

HB 3615 establishes the name "Oklahoma Ad Valorem Taxation Act of 2026" for future tax legislation but does not change current tax rates or policies. It specifies that this act will take effect on November 1, 2026, and clarifies that it will not be codified into Oklahoma Statutes. This is a procedural bill that names a future tax framework without altering any existing tax mechanisms. It directly affects how future ad valorem tax legislation may be referenced but does not impose new tax obligations or changes.