This bill establishes a new section in the Oklahoma Statutes regarding the management of administrative rules. It mandates that any permanent rule promulgated or amended after the bill's effective date will automatically terminate one year after it goes into effect. The Legislature retains the authority to repeal any permanent rule before its automatic termination. Additionally, the bill outlines a renewal process for rules set to terminate, allowing the Legislature to renew them for additional one-year terms through a joint resolution.

To initiate the renewal process, agencies must submit a request to the Legislature between four to six months before the rule's termination date, including a justification for the renewal and a cost-benefit analysis. The agency is also required to publish this request on its website. Furthermore, the Secretary of State is tasked with notifying the relevant agency at least four months before the termination date of any rules. The bill is set to take effect on November 1, 2025.