This bill establishes a new legal framework for the management of administrative rules in Oklahoma. 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 agencies to request renewal by submitting a justification and cost-benefit analysis between four to six months prior to the termination date. The request must also be published on the agency's website, and the Secretary of State is required to notify the agency of upcoming termination dates.

The bill aims to enhance legislative oversight of administrative rules while ensuring that agencies are accountable for the rules they implement. It introduces a structured process for rule renewal and emphasizes transparency through publication requirements. The effective date for this act is set for November 1, 2025.