This bill establishes new definitions and provisions related to landlord and tenant relationships in Oklahoma. It defines key terms such as "landlord," "tenant," and "utility," clarifying the roles and responsibilities of each party involved in rental agreements. Specifically, the bill states that a landlord includes not only the property owner but also any manager who fails to comply with certain disclosure requirements.

A significant provision of the bill prohibits utilities from holding landlords liable for any utility bills, fees, or charges incurred by tenants in residential or nonresidential properties. This means that landlords will not be responsible for paying utility costs that are the responsibility of the tenant. The bill is set to take effect on November 1, 2025.