This bill proposes the repeal of several sections of the Oklahoma Statutes related to asset forfeiture, specifically 63 O.S. 2021, Sections 2-503 through 2-508. These sections cover various aspects of property subject to forfeiture, including the seizure of property, notice of seizure and forfeiture proceedings, and the disposition of seized property. By repealing these provisions, the bill aims to eliminate the existing legal framework governing asset forfeiture in the state.

The effective date for this repeal is set for November 1, 2025. This legislative change reflects a significant shift in the state's approach to asset forfeiture, potentially impacting law enforcement practices and the rights of property owners in Oklahoma.