This bill establishes new regulations regarding home-based businesses within municipalities in Oklahoma. It defines key terms such as "home-based business," "no-impact home-based business," and "short-term rental unit." The bill prohibits municipal governing bodies from adopting ordinances that would restrict the operation of no-impact home-based businesses, require licenses or permits for such businesses, or mandate zoning changes or fire suppression systems for specific residential structures. However, municipalities can still enforce compliance with existing federal, state, and local laws, ensuring that these businesses remain compatible with residential use and do not engage in prohibited activities such as selling alcohol or operating transitional living facilities.

Additionally, the bill clarifies that it does not prevent homeowners associations from enforcing their own rules or restrict municipalities from regulating short-term rental units. The provisions aim to support the operation of no-impact home-based businesses while maintaining public safety and compliance with existing regulations. The act is set to take effect on November 1, 2026.