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," which are defined as facilities 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 prioritizing grant funding based on the needs of rural populations disproportionately affected by access issues.

Additionally, the bill creates the "Oklahoma Rural Hospitals Funding Assistance Grant Program Revolving Fund," which will be a continuous fund not 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 grant program. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage and approval.