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 that 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. The bill also specifies that damages awarded will not include punitive or treble damages and will be limited to restoration costs or the difference in property value before and after the fire.

Additionally, the bill mandates the Oklahoma Conservation Commission to develop and implement a wildland fire mitigation program aimed at reducing the risk and impact of wildland fires through proactive management and incentivization of mitigation practices. The Commission is tasked with creating a revolving fund to support these initiatives, which will be funded through various sources, including appropriations and grants. The program will include guidelines for eligibility and application processes, and a pilot program will be established to test fire mitigation strategies in areas historically affected by large-scale wildfires. The act is set to take effect on November 1, 2025.