The bill enacts the "Oklahoma Workers' Compensation Act of 2026," establishing a new legal framework for workers' compensation in the state. This act is designated as a new section of law that will not be codified in the Oklahoma Statutes, meaning it will exist outside the traditional statutory framework.

Additionally, the bill specifies that it will take effect on November 1, 2026. This timeline allows for the necessary preparations and adjustments to be made in anticipation of the new workers' compensation regulations coming into effect.