The bill amends Section 333 of Title 60 of the Oklahoma Statutes regarding title by prescription. It introduces new provisions that clarify the conditions under which title by prescription can be established. Specifically, it states that occupancy of property for the period prescribed by law can confer title, but it also establishes that if the rightful owner has paid all taxes and assessments on the property during the time the adverse possessor claims to have occupied it, such possession will not be considered adverse to the owner.

The effective date for this legislation is set for November 1, 2025. This change aims to protect property owners who fulfill their tax obligations from losing their rights to their property due to claims of adverse possession.