The bill, known as Senate Bill No. 1150, appropriates $15 million from the Progressing Rural Economic Prosperity Fund to the Oklahoma Department of Aerospace and Aeronautics. This funding is designated for necessary upgrades to infrastructure at a primary commercial airport that is categorized as a small-hub or larger, with the aim of maintaining and enhancing aerospace capabilities and promoting future economic development in Oklahoma.

The bill specifies that the appropriation will be effective starting July 1, 2025, and includes a declaration of emergency, allowing it to take effect immediately upon passage and approval. This urgency underscores the importance of the funding for the state's aerospace sector and its economic growth.