The bill amends Section 52.1 of Title 76 of the Oklahoma Statutes, which pertains to the liability of firearm manufacturers, distributors, and sellers. The amendment expands the scope of liability exemption to include not only firearms but also component parts for a firearm. This means that these entities will not be held liable for injuries, wrongful deaths, or property damage resulting from the use of their firearms or from aftermarket modifications made by others using these component parts. Additionally, the bill specifies that the liability exemption applies to injuries caused by the use of the firearm or because aftermarket modifications using component parts were made by another to such firearm. The effective date for this legislation is set for November 1, 2026.