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 that accrue due to a tenant's usage of services in residential or nonresidential properties. This means that landlords will not be responsible for unpaid utility bills incurred by tenants, thereby protecting them from financial liability related to tenant actions. The bill is set to take effect on November 1, 2025.