The bill amends the Oklahoma Firearms Act of 1971 to expand the state's preemption over firearm regulations, now including firearm and ammunition components. It prohibits municipalities, agencies, or other political subdivisions from adopting any policies, resolutions, or regulations that conflict with state law regarding firearms, knives, and their components. The bill clarifies that individuals have the right to file civil actions if their rights under these preemption provisions are violated, allowing for injunctive relief or monetary damages. Additionally, it establishes that courts may require the violating party to pay reasonable expenses to the aggrieved party if certain conditions are met.

Key insertions in the bill include the definitions of "firearm and ammunition components" and "reasonable expenses," as well as the stipulation that municipalities cannot adopt any regulations concerning the sale, transfer, or possession of firearms and related items. The bill also emphasizes that individuals retain standing in civil actions even if the unlawful regulation is rescinded after a lawsuit is filed. The effective date for this legislation is set for November 1, 2025.