This bill establishes a new section in the Oklahoma Statutes that defines "universal basic income" as any welfare program that offers a recurring government transfer payment to all residents or citizens without requiring a means test or work requirement. The bill explicitly prohibits the state of Oklahoma and any of its political subdivisions from providing universal basic income.

The legislation aims to codify this prohibition and will take effect on November 1, 2025. By doing so, it seeks to clarify the state's stance on welfare programs that provide unconditional financial support to residents.