Senate Bill No. 1071 establishes the Wildland Fire Act and the Wildland Fire Mitigation Program Act in Oklahoma. The bill defines key terms related to wildland fires, including "electric utility," "wildland fire," and "injuries arising from the ownership of property." It outlines the liability of individuals and entities who negligently, recklessly, or intentionally cause or spread wildland fires, holding them accountable for damages regardless of land jurisdiction. However, it provides exceptions for electric utilities that comply with safety regulations, stating they cannot be deemed negligent under certain conditions. The bill also specifies the parameters for damage awards, excluding punitive damages and limiting compensation to restoration costs or the difference in property value before and after the fire.

Additionally, the bill creates a Wildland Fire Mitigation Program under the Oklahoma Conservation Commission, which will develop strategies to reduce the risk and impact of wildland fires. This program will include a pilot initiative to test fire mitigation strategies in areas historically affected by large-scale wildfires. A revolving fund, designated the Wildland Fire Mitigation Program Revolving Fund, will be established to support the program's implementation, funded through various sources such as appropriations and grants. The act is set to take effect on November 1, 2025.