The bill amends several sections of the Oklahoma Statutes concerning firearms, specifically addressing unlawful carry provisions. It removes references to "metal knuckles," thereby updating the language in the law. The bill maintains that carrying certain firearms and offensive weapons in public places, such as government buildings, schools, and courthouses, remains illegal, while providing exceptions for authorized individuals like peace officers and certain elected officials. Additionally, it clarifies security provisions for events on public property and allows individuals with valid handgun licenses to carry concealed firearms on specific properties, including private school grounds, contingent upon the adoption of relevant policies by governing entities.

Furthermore, the bill introduces definitions for "altered toy pistol" and "altered air pistol," specifying that these terms refer to toy weapons modified to resemble real firearms and air pistols altered from their original design, respectively. The act is set to take effect on November 1, 2025. Overall, the bill aims to modernize firearm regulations while ensuring public safety and clarifying existing laws.