Corporation Commission; establishing moratorium; requiring certain study.

SB 1488 establishes a moratorium on building new data centers (defined as facilities with 100+ megawatts of capacity) in Oklahoma until November 1, 2029. The bill requires the Corporation Commission to study data centers' impacts on water supplies, utility rates, nearby property values, and security, and to recommend regulations for grid health, environmental protection, and data privacy. The Commission must submit an electronic report with findings and recommendations to the Legislature before the moratorium ends. This directly affects data center developers and operators seeking to expand in Oklahoma, while delaying new construction to allow for regulatory analysis.