House Bill No. 1392 amends Section 1904 of Title 68 of the Oklahoma Statutes, which pertains to the fees collected by county treasurers on real estate mortgages. The bill modifies the fee amount that county treasurers are authorized to collect for certifying mortgages, increasing it from Five Dollars ($5.00) to Ten Dollars ($10.00). This fee is to be deposited into a designated account known as the "County Treasurer's Mortgage Certification Fee Account," which will be used for the lawful operation of the treasurer's office.

The bill also outlines the tax structure on real estate mortgages based on their duration, specifying different tax rates for mortgages of varying lengths. The tax rates range from ten cents ($0.10) for mortgages of five years or more to two cents ($0.02) for mortgages of less than two years. The act is set to take effect on November 1, 2025, following its passage in the House of Representatives on March 26, 2025.