House Bill No. 1939 amends the powers and duties of the Oklahoma Turnpike Authority, focusing on the construction and operation of turnpike projects. The bill requires the Authority to conduct comprehensive studies assessing potential routes, economic feasibility, and community impacts before issuing bonds for new projects. It mandates collaboration with local municipalities and counties, ensuring that affected property owners are notified and can provide public input. The legislation emphasizes data-driven decision-making and public transparency, requiring independent studies to be made publicly available.

Additionally, the bill introduces new provisions for bond issuance, requiring applications for bond approvals to be filed with the Supreme Court of Oklahoma, which will have exclusive jurisdiction over these applications. It extends the notice period for hearings on bond applications from ten to forty-five days and mandates that all Authority meetings be open to the public. Stricter penalties are established for Authority members engaging in profit-driven transactions, classifying such violations as felonies. The bill also clarifies design standards for paving and stipulates that construction contracts must be awarded to the lowest responsible bidders, with a focus on employing Oklahoma residents.