SB 1441 prohibits operating unmanned aircraft (drones) below 400 feet over critical infrastructure facilities, such as power plants, water treatment plants, refineries, and telecommunications towers, without authorization. It bans drone contact with facilities, interference with operations, or proximity that disrupts functions. The law exempts government entities, law enforcement, facility owners/operators, and FAA-authorized commercial drone operators. Violators face civil liability for damages under existing Oklahoma law, with the bill effective November 1, 2026.
HB 1170, the Oklahoma Public Finance Protection Act, requires state pension fund managers to base all investment decisions solely on financial factors affecting returns or risk, prohibiting consideration of environmental, social, political, or ideological goals. It directly affects all Oklahoma public pension plans (including those managed by state entities, counties, municipalities, and schools) and their fiduciaries. The law mandates that fiduciaries evaluate investments exclusively using "pecuniary factors," such as financial risk and return, and prohibits voting proxies or making investment choices to advance nonfinancial objectives, while allowing incidental consideration of factors with proven material financial impact.
HB 3469 changes Oklahoma's oil and gas industry financial surety requirements. It phases out Category A surety (a $50,000 net worth financial statement) for new operators starting November 2025, requiring them instead to use Category B surety (like cash, bonds, or letters of credit). Current operators with Category A can keep it but may switch to Category B, with amounts increasing based on well count over 2026-2028 (e.g., 1-10 wells start at $25,000 in 2026, rising to $50,000 by 2028). The bill also allows operators with lower plugging costs to use reduced Category B amounts (via affidavit) and mandates Category B for operators with fines, compliance issues, or pollution violations.
HB 4340 would add a sales tax exemption for the sale of "frack water" (wastewater from oil and gas extraction) in Oklahoma. This exemption would directly affect oil and gas companies and vendors selling this wastewater, eliminating the sales tax on such transactions. The bill amends Oklahoma's sales tax code to include this specific exemption under existing tax exemption categories. The policy change would reduce tax burdens for businesses involved in handling oil and gas extraction wastewater. The bill is currently pending in the Appropriations and Budget Natural Resources Subcommittee.
This bill requires owners of commercial solar energy facilities in Oklahoma to pay annual property taxes on their solar installations by December 31 each year. It directly affects commercial solar facility owners, who previously may have been exempt from such taxes. The key provision mandates that taxes and other assessments be paid to the county treasurer annually, aligning commercial solar facilities with standard property tax rules. This changes the tax treatment for commercial solar projects, making them subject to local property tax requirements effective immediately.
SB 480 modifies Oklahoma's definition of "public utility" to exclude certain green hydrogen electricity producers from regulatory oversight. It allows entities producing green hydrogen to receive electricity solely for on-site use (or through contracts with utilities for their own facilities), without being classified as public utilities. The bill requires any project under this provision to include a natural gas component in power generation. It takes effect July 1, 2025, and does not obligate public utilities to serve these entities.
HB 2156 changes setback requirements for utility-scale solar energy facilities and industrial battery storage projects in Oklahoma. The bill reduces the minimum required distance between these facilities and adjacent properties from 500 feet to 300 feet. This directly affects property owners near proposed solar farms or battery storage sites, as well as developers planning such projects. The key provision is the specific reduction in the setback distance, which is the core policy change. The bill is currently in the legislative process, having advanced through committee and received a second reading.
SB 460 establishes natural gas as the preferred fuel source for new fossil fuel electricity generation facilities in Oklahoma, requiring all new plants built after July 1, 2025, to use natural gas unless a generator can demonstrate to regulators that another fossil fuel better serves consumers. The bill amends Oklahoma law to create a "natural gas energy standard" that supplements renewable energy goals, specifically targeting new construction and added capacity at existing fossil fuel plants. This policy directly affects electricity generators planning new facilities or expansions, shifting the default fuel choice from other fossil fuels to natural gas. The law takes effect July 1, 2025, and was enacted as an emergency measure.
HB 1220 prohibits Oklahoma cities and towns from imposing franchise fees or sales/use taxes on specific revenue streams used by utilities to repay private financing. It directly affects electric cooperatives and other utilities that used private financing under the February 2021 Utility Consumer Protection Acts to avoid immediate cost burdens on customers. The bill defines "securitization revenue streams" as rates and charges solely for repaying such private loans, and bans local taxes on these streams for bonds issued by the Oklahoma Development Finance Authority under those acts. This prevents municipalities from taxing revenue dedicated to repaying utility loans structured to protect consumers from upfront costs.
HB 2312 prohibits operating drones below 400 feet over designated critical infrastructure facilities, including refineries, power plants, water treatment centers, pipelines, and telecom towers. It directly affects drone operators, requiring prior authorization from facility owners or operators to fly in these areas. Key provisions ban unauthorized low-altitude drone flights, contact with facilities, or interference with operations, with exceptions for government entities, facility owners, law enforcement, and FAA-authorized commercial operators. The bill takes effect November 1, 2025.
