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. The bill has successfully passed the Senate on March 17, 2025, indicating legislative support for the continued implementation of the incentive program.