The bill amends Section 46 of Title 62 of the Oklahoma Statutes, known as the "Taxpayer Transparency Act," to enhance public access to information regarding state revenues and expenditures. Key provisions include the requirement for the Office of Management and Enterprise Services to develop a single website that provides comprehensive data on state and federal revenue, expenditures, and incentive payments. The website will be organized to allow users to easily identify the sources of revenue for each fund, the dates of revenue transactions, and detailed information about expenditures, including the purpose and recipient of funds. Additionally, the bill mandates that all income and expenditure data be entered into the system within 90 days of occurrence and that the website supports data export in commonly used formats.

The bill also outlines specific requirements for the information to be included on the website, such as details on tax credits, stimulus fund expenditures, and road funding data. It emphasizes the need for transparency by requiring state agencies to provide necessary information and by establishing a mechanism for taxpayers to understand how their contributions are allocated across various state expenditures. The act is set to take effect on July 1, 2026, and includes an emergency clause for immediate implementation upon passage and approval.