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 the funds will be appropriated for use by the Oklahoma Military Department to support the "Base Infrastructure Needs and Development Technology Program," which aims to make infrastructure investments that could either reduce the risk of military base closures or enhance the potential for expansions within the state.

The bill also specifies that expenditures from the BIND Technology Fund will be made through warrants issued by the State Treasurer, following the approval of claims by the Director of the Office of Management and Enterprise Services. The act is set to take effect on July 1, 2025, and includes an emergency clause to ensure its immediate implementation upon passage and approval.