The proposed bill, known as the "Commercial Solar Facility Decommissioning Act," establishes regulations for the decommissioning of commercial solar facilities in Oklahoma. It defines key terms such as "generation assets," "grantee," and "solar power facility," and outlines the responsibilities of grantees regarding the removal of solar power facilities from landowner properties. The bill mandates that solar power facility agreements include provisions for the safe removal of solar energy devices, foundations, buried cables, and any constructed roads, ensuring that the land is restored to a condition as close as possible to its original state. Additionally, landowners must make timely requests for decommissioning actions within 180 days of the facility ceasing operations or receiving notice of intent to decommission.

The bill also requires grantees to provide financial assurance to cover the costs of decommissioning, with acceptable forms including bonds and letters of credit. The amount of financial assurance must be at least equal to the estimated removal costs minus the salvage value of the facilities. Grantees are responsible for obtaining and maintaining this financial assurance throughout the duration of the agreement, and they cannot cancel it without providing replacement assurance. The act is set to take effect on November 1, 2025.