The bill establishes the "Base Infrastructure Needs and Development - Schools Revolving Fund" (BIND Schools Fund) within the Oklahoma Military Department, creating a dedicated source of funding for military infrastructure projects related to education facilities on military bases. This revolving fund will not be subject to fiscal year limitations and will consist of all monies directed for deposit by law. The funds will be appropriated and can be budgeted and expended by the Oklahoma Military Department for specific purposes, including infrastructure investments aimed at reducing the likelihood of military base closures or enhancing the potential for expansions.

Additionally, the bill creates the "Base Infrastructure Needs and Development - Schools Program" (BIND Schools Program) within the Oklahoma Military Department, which will utilize the funds from the BIND Schools Fund to support infrastructure improvements at common education facilities on military bases. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage and approval.