The bill establishes the "Oklahoma Property and Livestock Production Rights Act of 2026," which is a new legal framework aimed at addressing property and livestock production rights in Oklahoma. This act is not intended to be codified into the existing Oklahoma Statutes, indicating that it will exist as a standalone piece of legislation rather than being integrated into the current legal code.

The effective date for this act is set for November 1, 2026, allowing for a future implementation of its provisions. The bill does not include any deletions from current law, focusing solely on the introduction of this new legal framework.