Bill No. 2743 amends Section 139 of Title 61 of the Oklahoma Statutes to enhance the authority of school districts and local public procurement units in engaging in cooperative purchasing agreements. The bill allows school districts, including technology school districts, to participate in, sponsor, conduct, or administer cooperative purchasing agreements for acquiring commodities with one or more public agencies. It also expands the definition of local public procurement units to include various governmental entities and clarifies the terms related to cooperative or piggybacking purchasing agreements. Notably, the bill removes references to "services" in several instances, focusing the agreements primarily on commodities.

Additionally, the bill emphasizes that purchases made under these cooperative agreements must comply with existing procurement regulations, including The Central Purchasing Act and the Public Competitive Bidding Act. It also clarifies that the provisions of this section do not override the obligations of state agencies to follow rules regarding statewide contracts issued by the state Purchasing Division. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage and approval.