The bill introduces the "Energy Modernization Act of 2026," which aims to update and modernize energy policies in Oklahoma. It establishes a new section of law that will not be codified in the Oklahoma Statutes, indicating that it is a standalone piece of legislation rather than an amendment to existing laws.

The act is set to take effect on November 1, 2026, marking a significant step towards enhancing the state's energy framework. The bill does not include any deletions from current law, focusing solely on the creation of this new legislative initiative.