Foreign ownership of land; prohibiting foreign principals from renting, leasing, or having a controlling interest in data centers. Effective date.

SB 1706 prohibits foreign entities from hostile countries (designated by the U.S. Secretary of State) from owning, renting, leasing, or controlling data centers in Oklahoma. It requires existing foreign-owned data centers to divest within 180 days of the law’s effective date (November 1, 2026), invalidating conflicting agreements. The bill defines "data centers" as facilities storing digital data and managing power, cooling, and network systems. The Oklahoma Attorney General can sue non-compliant entities, and courts must order divestment if violations occur. This applies only to data centers, not general property ownership.