What is the status of HB3178?

Failed as of March 23, 2026. Latest action: Motion expired (March 23, 2026).

Who sponsored HB3178?

Nick Archer (R, HD-055), with 1 co-sponsor.

Where is the official record for HB3178?

On the Oklahoma Legislature website: https://www.oklegislature.gov/BillInfo.aspx?Bill=HB3178&Session=2600

Oklahoma legislation · 2026 Regular Session

Oklahoma HB3178: Revenue and taxation; ad valorem; depreciation schedule; fair cash value; farm equipment and farm tractors; Oklahoma Tax Commission; effective date.

Q: What is HB3178?

HB3178 is a bill in the Oklahoma Legislature (2026 Regular Session): Revenue and taxation; ad valorem; depreciation schedule; fair cash value; farm equipment and farm tractors; Oklahoma Tax Commission; effective date.

Q: What does HB3178 do?

In its own words: An Act relating to revenue and taxation; creating depreciation schedule for farm equipment and farm tractors for purposes of ad valorem taxation; defining terms; requiring the fair cash value to depreciate by certain percentage each year; prescribing amount of depreciation; providing presumption of fair cash value; requiring the Oklahoma Tax Commission to promulgate rules and forms as may be necessary; providing for codification; and providing an effective date.

Status: Failed, March 23, 2026

What the bill says

An Act relating to revenue and taxation; creating depreciation schedule for farm equipment and farm tractors for purposes of ad valorem taxation; defining terms; requiring the fair cash value to depreciate by certain percentage each year; prescribing amount of depreciation; providing presumption of fair cash value; requiring the Oklahoma Tax Commission to promulgate rules and forms as may be necessary; providing for codification; and providing an effective date.

From the engrossed text, March 4, 2026:

An Act relating to revenue and taxation; creating depreciation schedule for farm equipment and farm tractors for purposes of ad valorem taxation; defining terms; requiring the fair cash value to depreciate by certain percentage each year; prescribing amount of depreciation; providing presumption of fair cash value; requiring the Oklahoma Tax Commission to promulgate rules and forms as may be necessary; providing for codification; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 2817.4 of Title 68, unless there is created a duplication in numbering, reads as follows: A. As used in this act: HB3178 HFLR Page BOLD FACE denotes Committee Amendments. 1. "Farm equipment" means any farm tractor, utility task vehicle (UTV), or vehicle that does not meet the definition in Section 2809 of this title so long as it is used in agricultural production on a farm or ranch that is owned, leased, or operated by the owner of such equipment. This definition shall also include any other personal property as defined by Section 2807 of this title so long as it is used in agricultural production on a farm or ranch that is owned, leased, or operated by the owner of such equipment; …

Read the full official text

Oklahoma HB3178: Revenue and taxation; ad valorem; depreciation schedule; fair cash value; farm equipment and farm tractors; Oklahoma Tax Commission; effective date.

What the bill says

Sponsors

Latest actions

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Common questions