House Bill No. 2518 establishes the "Base Infrastructure Needs and Development - Technology Revolving Fund" (BIND Technology Fund) within the Oklahoma Military Department. This fund is designed to be a continuous source of funding, not limited by fiscal year constraints, and will consist of all monies directed for deposit by law. The bill outlines that all funds accruing to this account are appropriated for use by the Oklahoma Military Department, which can budget and expend these funds for specific purposes related to military infrastructure. Expenditures will be made through warrants issued by the State Treasurer, following the approval process set by law.

Additionally, the bill creates the "Base Infrastructure Needs and Development Technology Program" (BIND Technology Program) within the Oklahoma Military Department. This program will utilize funds from the BIND Technology Fund to make infrastructure investments aimed at reducing the likelihood of military base closures or increasing the chances of expansions within the state. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage and approval.