This bill amends Section 1012 of Title 64 of the Oklahoma Statutes, which pertains to the fees charged by the Commissioners of the Land Office. The key change introduced by the bill is the prohibition of charging lessees any fees that exceed the amounts included in the originally accepted bid, regardless of any improvements made to the leased lands. This aims to protect lessees from unexpected fee increases after their initial bid has been accepted.
Additionally, the bill maintains the existing authority of the Commissioners to establish a schedule of fees through formal resolutions, which will still be collected and deposited into the revolving fund for the Commissioners of the Land Office. The act is set to take effect on November 1, 2025.