The bill enacts the "Disaster Loan Policy Act of 2026," which establishes a new framework for disaster-related loans in the state of Oklahoma. This act is designed to provide financial assistance to individuals and businesses affected by disasters, although specific provisions and details regarding the loan process are not included in the text provided.

Additionally, the bill specifies that it will not be codified into the Oklahoma Statutes, meaning it will exist as a standalone piece of legislation rather than being integrated into existing law. The act is set to take effect on November 1, 2026.