Bill No. 2754 establishes the "Oklahoma Rural Hospitals Funding Assistance Grant Program Act of 2025," aimed at improving access to healthcare services in rural areas of Oklahoma. The program will be administered by the State Department of Health and will focus on providing grants to "adequate medical care facilities," defined as those meeting specific criteria, including being located in municipalities with populations under 5,000 and being owned by public trusts or local governments. The Department will develop a rubric for identifying and prioritizing rural areas that face challenges in accessing medical care due to distance, and it will set limitations on grant amounts based on the funds available in the newly created Oklahoma Rural Hospitals Funding Assistance Grant Program Revolving Fund.

The bill also creates a revolving fund within the State Treasury, designated for the grant program, which will not be subject to fiscal year limitations. This fund will consist of all monies directed for deposit by law and will be appropriated for use by the State Department of Health to support the program's objectives. The act is set to take effect on July 1, 2025, and includes an emergency clause to ensure its immediate implementation upon passage and approval.