Bill No. 1017, titled the "Oklahoma College Athletic Conference Act," aims to establish a new intercollegiate athletic conference in Oklahoma, specifically focusing on NCAA Division II institutions. The bill creates the Oklahoma NCAA Division II Athletic Conference Exploration Commission, which will consist of ten members, primarily the presidents of various Oklahoma universities. This commission is tasked with conducting a feasibility study to explore the creation of the new conference, considering factors such as potential member institutions, financial sustainability, and the impact on student-athletes. The commission will also consult with stakeholders, including NCAA representatives and local government officials, and is authorized to hire independent consultants to assist in its analysis.

Additionally, the bill establishes the Oklahoma NCAA Division II Athletic Conference Exploration Commission Revolving Fund, which will be used to finance the commission's activities, including studies and consultations. The commission is required to submit a detailed report to the Oklahoma Legislature within twelve months of its first meeting, outlining its findings and recommendations for the new conference. The bill emphasizes the importance of enhancing athletic competition, fostering community pride, and ensuring compliance with regulations governing college athletics. An emergency clause is included, allowing the act to take effect immediately upon passage.