The bill establishes the Oklahoma State Agency, Board, and Commission Review Task Force, which will consist of nine members appointed by the President Pro Tempore of the Senate, the Speaker of the House of Representatives, and the Governor. The task force is tasked with reviewing the efficiency, effectiveness, and necessity of all state agencies, boards, and commissions, and will provide recommendations to the Legislature regarding potential eliminations, consolidations, or alterations of their duties. Meetings will be called by designated co-chairs from the appointed members, and staffing will be provided by the Senate and House of Representatives.

Additionally, the task force is required to submit its reports and recommendations electronically to the legislative leaders and the Governor by January 31, 2027, and annually thereafter. Members will serve without compensation but may receive reimbursement for necessary travel expenses in accordance with the State Travel Reimbursement Act. The bill also declares an emergency, allowing it to take effect immediately upon passage and approval.