The Oklahoma Agrivoltaics Act aims to enhance the state's electrical generation capacity while supporting agricultural productivity through the development of renewable energy projects. The bill establishes the Oklahoma Agrivoltaics Advisory Committee, which will consist of 17 members from various sectors, including agriculture, renewable energy, and government agencies. This committee is tasked with advising the Oklahoma Center for the Advancement of Science and Technology (OCAST) on policies and strategies that promote the harmonious coexistence of renewable energy development and agricultural practices. The committee will also prepare a report by January 1, 2026, detailing existing tools for renewable energy project siting, policy options for supporting agriculture, and areas for further research.

Additionally, the bill creates the Oklahoma Agrivoltaics Cash Revolving Fund, which will be used to finance the initiatives outlined in the act. This fund will be a continuous source of funding, allowing OCAST to budget and expend resources as needed for the implementation of the Agrivoltaics Act. The act emphasizes the importance of integrating renewable energy development with agricultural and forestry practices, including agritourism and outdoor recreation, to ensure that both sectors can thrive together. An emergency clause is included, allowing the act to take effect immediately upon passage and approval.