This bill establishes the "Oklahoma Department of Corrections Prison Rodeo Revolving Fund," which will be created within the State Treasury. The fund is designed to be a continuing fund, not subject to fiscal year limitations, and will consist of all monies directed for deposit by law. The appropriated funds will be utilized for the restoration, rehabilitation, and expansion of the prison rodeo arena operated by the Oklahoma Department of Corrections. Expenditures from this fund will require warrants issued by the Department of Corrections and approval from the Office of Management and Enterprise Services.

The bill also includes provisions for codification and specifies that it will take effect on November 1, 2025. This initiative aims to support the prison rodeo program, which is likely intended to provide rehabilitation opportunities for inmates while also generating revenue for the state.