The bill enacts the "Oklahoma Revenue and Taxation Policy Act of 2026," establishing a new section of law that will not be codified in the Oklahoma Statutes. This new law provides a formal title for the act, allowing it to be referenced by this name in future discussions and legislative contexts.

Additionally, the bill specifies that it will take effect on November 1, 2026. There are no deletions from current law in this bill, as it primarily introduces new legal language to create the act and outline its effective date.