The bill amends the Oklahoma Quality Events Incentive Act by extending the period during which the act is effective. Specifically, it changes the expiration date from June 30, 2026, to June 30, 2031. This extension aims to continue providing incentives for quality events in Oklahoma, thereby supporting local economies and tourism.

The amendment is encapsulated in the revised legal language of 68 O.S. 2021, Section 4301, which now reflects the new expiration date. This change is intended to ensure that the benefits of the Oklahoma Quality Events Incentive Act remain available for an additional five years.