The bill establishes the "Public Finance Act of 2026," which is a new piece of legislation aimed at addressing public finance matters in the state of Oklahoma. It includes a provision for noncodification, meaning that the new law will not be added to the existing Oklahoma Statutes.

The act is set to take effect on November 1, 2026, marking a significant date for its implementation. This legislation is intended to provide a framework for public finance in Oklahoma, although specific details regarding its provisions are not included in the summary provided.