Public utilities; requiring certain payment. Effective date.

SB 1929 requires utility companies that own high-voltage electric transmission lines (over 300 kilovolts) to pay landowners $2 per linear foot annually for lines passing over their property. This directly affects landowners whose land is crossed by such transmission lines and the utility companies operating them. The bill establishes this annual payment as a new requirement under Oklahoma law, effective November 1, 2026. It does not change existing utility rates or require new infrastructure, only creating a payment obligation for specific existing transmission corridors.