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 growth of aerospace initiatives within the state.

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