The bill introduces the "Energy Reform Act of 2026," which is a new piece of legislation aimed at addressing energy-related issues in the state of Oklahoma. It establishes a new section of law that will not be codified in the Oklahoma Statutes, indicating that it will exist as a standalone act rather than being integrated into existing legal frameworks.

Additionally, the bill specifies that it will take effect on November 1, 2026. This timeline allows for any necessary preparations or adjustments to be made in anticipation of the new law's implementation.