This bill amends the Oklahoma Minimum Wage Act by updating Section 197.16, which pertains to the computation of minimum wage for employees. The amendments include a change in statutory references and the introduction of new provisions regarding the calculation of minimum wage. Specifically, it establishes that credit for tips, gratuities, meals, or lodging can be applied towards the minimum wage, allowing for up to 50% of the required wage to be credited. Additionally, if the minimum wage exceeds the current federal minimum wage, the bill allows for similar credits to be applied.

The bill also updates the language used in the statute, replacing terms such as "must" with "shall" to clarify the requirements. The effective date for these changes is set for November 1, 2025. Overall, the bill aims to provide clearer guidelines for employers and employees regarding the computation of minimum wage in Oklahoma, particularly in relation to tips and other forms of compensation.