The bill amends existing laws regarding the University Hospitals Authority by updating the management structure and property descriptions. Specifically, it removes references to the Department of Human Services and the Commission for Human Services, transferring jurisdiction over the University Hospitals to the University Hospitals Authority. The bill also eliminates obsolete property descriptions and clarifies the properties included in the transfer, such as the Oklahoma Children's Hospital and University Hospital, while detailing the responsibilities and liabilities associated with these properties.

Additionally, the bill introduces an exemption from the Certificate of Need requirement for any expansions or changes to the University Hospitals following the transfer. It updates the statutory language to reflect these changes and ensures that the University Hospitals will continue to operate as general hospitals, licensed by the State Commissioner of Health, while serving as teaching hospitals for the University of Oklahoma Health Sciences Center. The act is set to take effect on November 1, 2025.