This bill mandates a legislative management study focused on the allocation formulas for oil and gas tax revenue during the 2025-26 interim period. The study will evaluate both current and historical allocations to political subdivisions, assessing the appropriate levels of revenue distribution based on the infrastructure needs and impacts of oil and gas development.

At the conclusion of the study, legislative management is required to compile its findings and recommendations, which may include proposed legislation necessary to implement these recommendations. The results will be presented to the seventieth legislative assembly for consideration.