This bill proposes the transfer of Hugo Lake Park to the Oklahoma Tourism and Recreation Department by January 1, 2026. It mandates the execution of necessary conveyances and documents to facilitate this transfer and allows the Department to establish funds and accounts, including a revolving fund, to manage the park's fiscal operations. Additionally, the Department will inherit any contractual rights and responsibilities from previous operators, including obligations related to rents and agreements with nonprofit organizations. The bill also stipulates that the Department will not be liable for any tort claims or other claims that arise prior to the transfer date.

Furthermore, the bill includes provisions for the Department to create rules necessary for the transfer process and specifies that it will not be responsible for any claims related to construction activities that began before January 1, 2026. The effective date for this legislation is set for November 1, 2025.