Trusts and pools; Oklahoma Trusts and Pools Act of 2026; effective date.

HB 4249 establishes the Oklahoma Trusts and Pools Act of 2026, which will become effective on November 1, 2026. The bill creates a new legal framework for managing oil and gas trusts and pools in Oklahoma without adding the text to the state's official statutes. This legislation primarily affects landowners, mineral rights holders, and energy companies involved in resource extraction within the state. The bill does not change existing operational rules but provides a formal name and citation for future trust and pool management activities.