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OK SB1528

OK SB1528
Energy; transferring duties and responsibilities from the Oklahoma Energy Resources Board to the Corporation Commission. Effective date.


summary

Introduced
02/02/2026
In Committee
02/03/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act relating to energy; transferring duties and responsibilities from the Oklahoma Energy Resources Board to the Corporation Commission; amending 52 O.S. 2021, Section 288.2, which relates to definitions; modifying definitions; adding term; amending 52 O.S. 2021, Section 288.3, as last amended by Section 1, Chapter 13, O.S.L. 2025 (52 O.S. Supp. 2025, Section 288.3), which relates to the Oklahoma Energy Resources Board; transferring duties to the Corporation Commission; amending 52 O.S. 2021, Sections 288.5, 288.5A, 288.5C, 288.7, 288.8A, 288.9A, 288.11, and 288.12, which relate to the Oklahoma Energy Education and Marketing Act; requiring the Corporation Commission to coordinate certain program; clarifying responsibilities of the Corporation Commission; placing the Committee for Sustaining Oklahoma’s Energy Resources under the Corporation Commission; transferring fund administration duties to the Corporation Commission; modifying amounts to be used for certain purpose; authorizing certain expenditures; removing certain expenditure restrictions upon certain finding; removing certain eligibility requirements; conforming statutory references; updating statutory language and references; repealing 52 O.S. 2021, Section 288.4, which relates to composition of the Oklahoma Energy Resources Board; repealing 52 O.S. 2021, Section 288.6, which relates to the Oklahoma Energy Resources Board; providing for codification; and providing an effective date.

AI Summary

This bill transfers all duties and responsibilities from the Oklahoma Energy Resources Board to the Corporation Commission, with a transitional period from July 1, 2026, to October 31, 2026, before the Corporation Commission fully assumes control on November 1, 2026. The bill also modifies definitions within the Oklahoma Energy Education and Marketing Act, introducing terms like "abandoned well" and clarifying "Commission" to mean the Corporation Commission. It shifts the coordination of programs aimed at promoting the oil and natural gas industry, encouraging efficient energy use, and supporting research and education from the Board to the Corporation Commission. Furthermore, the Committee for Sustaining Oklahoma's Energy Resources will now operate under the Corporation Commission, and the administration of the Energy Resources Revolving Fund, which collects assessments on oil and gas production, will also be handled by the Commission. The bill adjusts the allocation of funds within this revolving fund, increasing the minimum percentage dedicated to environmental cleanup and well plugging to seventy-five percent, while setting limits for advertising and public education, with provisions for modifying these restrictions under certain conditions. It also repeals existing sections of law related to the composition and functions of the Oklahoma Energy Resources Board.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Second Reading referred to Energy Committee then to Appropriations Committee (on 02/03/2026)

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