The bill enacts the "Oklahoma Film, Television and Music Incentives Act of 2026," which aims to promote economic development within the state by providing incentives for the film, television, and music industries. This new section of law will not be codified in the Oklahoma Statutes, indicating that it will exist as a standalone piece of legislation rather than being integrated into existing legal frameworks.

The act is set to take effect on November 1, 2026, marking a significant step towards enhancing Oklahoma's attractiveness as a destination for creative industries. By establishing this framework, the state seeks to foster growth and investment in these sectors, potentially leading to job creation and increased economic activity.