The bill amends the Oklahoma Quality Events Incentive Act by extending the expiration date from June 30, 2026, to June 30, 2032. This change aims to provide continued support for quality events in Oklahoma, allowing for a longer period of incentive availability.

Additionally, the bill specifies that it will become effective on November 1, 2025. This timeline allows for a transition period before the new expiration date takes effect, ensuring that stakeholders are aware of the extended incentives for quality events in the state.