The bill establishes the "Public Finance Act of 2026," which is a new section of law that will not be codified in the Oklahoma Statutes. This act aims to provide a framework for public finance in the state of Oklahoma, although specific provisions and details of the framework are not included in the text provided.

Additionally, the bill specifies that it will take effect on November 1, 2026. The inclusion of a noncodification clause indicates that this act will exist outside the traditional structure of the Oklahoma Statutes, allowing for flexibility in its implementation and application.