Senate Bill No. 130 mandates the Oklahoma Corporation Commission to initiate a feasibility study on nuclear energy generation within 90 days of the bill's effective date. The study will be conducted by an established consulting firm in the nuclear industry and will be exempt from the state procurement process. The study will evaluate various aspects of nuclear energy, including economic and environmental impacts, workforce utilization, design characteristics, safety criteria, and socioeconomic factors. The Corporation Commission is also required to collaborate with retail electric suppliers and municipally owned utilities to gather relevant information while ensuring the confidentiality of sensitive data.

The findings of the feasibility study must be delivered electronically to key state leaders, including the President Pro Tempore of the Senate, the Speaker of the House, and the Governor, within nine months of the bill's effective date. If the Commission cannot hire a consultant, it is authorized to conduct a notice of inquiry to gather information from stakeholders to assist in the study. The bill also includes a declaration of emergency, allowing it to take effect immediately upon passage and approval.