House Bill No. 2784 amends various sections of the Oklahoma Statutes related to public health, specifically focusing on the Oklahoma State University Medical Authority and Medicaid supplemental payments. The bill authorizes the Oklahoma State University Medical Trust to enter into cooperative ventures for training students in Level I Trauma Centers and requires annual certification to ensure compliance with Medicaid standards. Additionally, it expands the authority of the Oklahoma State University Medical Authority to enter into agreements with other healthcare providers, make necessary contracts, and offer services to the public.

The bill also establishes the Emergency Medicine Revolving Fund, which will be used to support training within Level I Trauma Centers operated by the Oklahoma State University Medical Trust. This fund will be a continuing fund, not subject to fiscal year limitations, and will consist of all appropriated monies received by the Trust. Furthermore, the bill includes provisions for the Oklahoma Health Care Authority to maximize federal matching funds for Medicaid expenses and outlines the requirements for reporting and maintaining funding mechanisms. The act is set to take effect on September 1, 2025.