This bill proposes the transfer of Hugo Lake Park to the Oklahoma Tourism and Recreation Department, with a deadline for the transfer set for January 1, 2026. The Department is authorized to establish necessary funds and accounts to manage the fiscal operations of the park. Additionally, the bill exempts the Department from certain tort claims that arise prior to the transfer date, ensuring that it will not be held liable for any claims or obligations related to the park that were accrued before January 1, 2026. The Department will also inherit any contractual rights and responsibilities from previous operators, including obligations related to rents and agreements with nonprofit organizations.

To facilitate this transition, the Department is required to execute appropriate conveyances and documents by the specified date and is empowered to create rules for the transfer process. The bill also allows the Department to enter into management contracts for the park, which can be renewed for a maximum cumulative period of fifty years. The act is set to take effect on November 1, 2025.