Energy

SB 352 prohibits utility companies from using eminent domain to build wind turbines, solar facilities, battery storage, or hydrogen gas facilities on private property. It also requires electricity providers to obtain a Corporation Commission certificate before using eminent domain for high-voltage transmission lines (over 300 kV). The bill directly affects utility companies seeking to expand infrastructure and private property owners whose land might be targeted for such projects. These changes amend Oklahoma’s eminent domain law (27 O.S. §7) to restrict certain facility siting and add oversight for major transmission projects. The bill was introduced in the 2025 Oklahoma Legislature and referred to the Energy and Natural Resources Oversight committee.

SB 714 prohibits Oklahoma state retirement systems from using public funds to boycott energy companies (defined as actions penalizing fossil fuel companies without a financial reason) or divesting based on environmental, social, or political concerns. It transfers enforcement authority from the State Treasurer to the Attorney General and requires retirement systems to report any exemptions from the law. The bill shields state officials, employees, and contractors from lawsuits or financial liability when complying with its provisions, including claims of fiduciary duty breaches. It directly affects all Oklahoma state retirement systems and their investment decisions regarding energy companies.