This bill amends Section 1718 of Title 69 of the Oklahoma Statutes, which pertains to the judicial determination of the validity of bonds issued by the Oklahoma Turnpike Authority. The amendment grants the Authority the discretion to file an application with the Supreme Court of Oklahoma for bond approval, establishing exclusive original jurisdiction for the Court to hear these applications. The bill emphasizes the need for expedited processing of these applications and mandates that notice of the hearing be published in a newspaper of general circulation.

Additionally, the bill introduces new requirements for notifying property owners about the bond application. Specifically, it requires that notice be sent via certified mail to all real property owners within a one-mile radius of the specified project, in addition to the public notice. This ensures that affected individuals are informed and have the opportunity to contest the legality of the bonds at the hearing. The bill is set to take effect on November 1, 2026.