This bill proposes the repeal of Section 1, Chapter 331, O.S.L. 2022, which pertains to the payments of deductibles or compensation by roofing contractors. By removing this section from the law, the bill effectively eliminates the existing regulations governing how roofing contractors handle these financial transactions.

The bill also establishes an effective date for the repeal, stating that it will take effect on November 1, 2025. This timeline allows for a transition period before the changes are implemented.