This bill amends Oklahoma laws concerning the handling of unclaimed property and seized firearms, specifically focusing on historic military weapons. It prohibits the destruction of such weapons and mandates their donation to local veterans' organizations if they are assessed to have historic military value. The bill modifies 22 O.S. 2021, Section 1325, and 63 O.S. 2021, Section 2-508, to reinforce these provisions, ensuring that agencies must evaluate the historic significance of firearms before deciding their fate.

In addition to the provisions regarding historic military weapons, the bill outlines procedures for the sale and disposition of property seized in drug enforcement and law enforcement activities. It allocates funds from these sales to the respective revolving funds of various law enforcement agencies and allows for the donation of uncontaminated laboratory equipment to educational institutions. The legislation also establishes guidelines for leasing vehicles and firearms to law enforcement, emphasizing the importance of written agreements for property transfers and ensuring that no weapons are transferred to school districts except under specific conditions. The bill is set to take effect on November 1, 2025.