The proposed bill, known as the "Efficient Parking Act," aims to restrict political subdivisions in Oklahoma from imposing minimum parking requirements for residential, commercial, or industrial properties. It introduces definitions for key terms such as "disability parking," which refers to spaces reserved for individuals with disabilities or veterans, and "Minimum Parking Mandate," which denotes laws that specify a required number of off-street parking spaces. The bill clarifies that while minimum parking mandates are prohibited, political subdivisions retain the authority to enact ordinances related to disability parking spaces.

The legislation will be codified in the Oklahoma Statutes as Sections 1251, 1252, and 1253 of Title 25, and it is set to take effect on November 1, 2025. This act represents a significant shift in local government regulations regarding parking, promoting more efficient use of space while ensuring that provisions for disability parking remain intact.