This bill mandates the Oklahoma Department of Veterans Affairs to establish a program that provides eligible veterans of the Oklahoma National Guard with either a memorial headstone or marker that meets specific standards or a reimbursement of $200 for such a memorial. To qualify for this program, individuals must have served at least six years in the Oklahoma National Guard, have died as a resident of Oklahoma, have been honorably discharged, and not be eligible for a headstone or marker under federal law. The bill also outlines the creation of an application process and requires the Oklahoma Veterans Commission to develop necessary rules for implementation.

Additionally, the bill establishes the National Guard Veteran Burial Revolving Fund within the State Treasury, which will be managed by the Oklahoma Department of Veterans Affairs. This fund will be a continuous source of financing, receiving legislative appropriations, donations, and gifts, and will be used to provide memorial headstones or markers to eligible veterans. The act is set to take effect on November 1, 2026.