The Aerospace Modernization Act of 2026 establishes a new legislative framework aimed at enhancing the aerospace sector in Oklahoma. This act is designated as the "Aerospace Modernization Act of 2026" and is intended to modernize and support the aerospace industry within the state.

The act will not be codified into the Oklahoma Statutes, indicating that it serves as a standalone piece of legislation rather than an amendment to existing laws. It is set to take effect on November 1, 2026, marking a future date for its implementation.