The Oklahoma Higher Education Fair Admissions Act aims to provide equitable admission opportunities for individuals seeking higher education in Oklahoma, specifically by prohibiting institutions from inquiring about certain criminal histories and behavioral conduct for applicants who will be attending classes online and not residing on campus. The Act defines "institution of higher education" and "online student," and establishes that the State Regents for Higher Education will oversee compliance with the law, imposing penalties such as fines and loss of state funding for violations.

Additionally, the Act includes provisions for severability, ensuring that if any part of the law is deemed void, the remaining sections will still be enforceable. The bill emphasizes the importance of fair admissions practices and is set to take effect immediately upon passage and approval, highlighting its urgency in promoting public peace, health, or safety.