The bill amends Section 1705 of the Oklahoma Statutes to update the powers and duties of the Oklahoma Turnpike Authority. A significant change is the introduction of a five-year deadline for the commencement of construction on turnpike projects authorized before and after November 1, 2025, after which the authorizations will expire. The bill also allows for the reauthorization of any expired turnpike project authorizations. Additionally, it clarifies the Authority's ability to construct, maintain, and operate turnpike projects, enter into contracts with other states or federal agencies, issue turnpike revenue bonds, and establish automatic tollgates.

Moreover, the bill introduces new legal language concerning the liability of individuals involved in profit-driven business activities, classifying violations related to the acceptance or payment of certain fees as a felony, with penalties including incarceration or fines. It also allows the Authority to contract with the federal government during a national emergency for the use of turnpikes, contingent on the federal government covering all associated expenses. The bill mandates that all Authority meetings be open to the public and that records be accessible, with specific exceptions. The provisions of this act are set to take effect on November 1, 2025.