The "Parent Data Sovereignty Act of 2026" establishes comprehensive protections for student data in Oklahoma, emphasizing parental rights and data ownership. The bill asserts that all personally identifiable educational data related to minors is owned by their parents until the child turns eighteen, and it prohibits state agencies from selling or commercializing this data. Parents are granted the right to access their child's data, request corrections, opt out of nonessential data collection, and receive annual notifications regarding data elements collected. Additionally, the bill mandates that no personally identifiable data can be collected without explicit parental consent for certain categories, including political beliefs and health data.

The legislation also requires the creation of a Data Transparency Portal to provide public access to information about data collection practices, vendor contracts, and any data breaches. It imposes strict penalties for violations, including civil penalties and potential criminal charges for intentional misuse of data. Contractors handling student data must adhere to stringent security protocols and may face disqualification from future contracts for noncompliance. The State Department of Education is tasked with developing rules to implement these provisions, with the act set to take effect on November 1, 2026.