Req. No. 5225 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 59th Legislature (2023) HOUSE BILL 1348 By: Fetgatter AS INTRODUCED An Act relating to revenue and taxation; enacting the Ad Valorem Taxation of Heavy Equipment and Farm Machinery Policy Act of 2023; providing for noncodification; and providing an effecti ve date. BE IT ENACTED BY THE PEOPLE OF T HE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows: This act shall be known and may be cited as the "Ad Valorem Taxation of Heavy Equipment and Farm Machinery Policy Act of 2023 ". SECTION 2. This act shall become effective November 1, 2023. 59-1-5225 MAH 01/11/23