Bill No. 1159 proposes an appropriation of $500,000 from the General Revenue Fund of the State Treasury to the Remediation Assistance Revolving Fund for the fiscal year ending June 30, 2027. This funding is intended to support the activities of the Corporation Commission as part of the 60th Oklahoma Legislature.

The bill establishes an effective date of July 1, 2026, and includes a declaration of emergency, indicating that the provisions of the act will take effect immediately upon passage and approval to ensure the preservation of public peace, health, or safety.