The proposed bill, known as the "Limited Retail-to-On-Premises Alcohol Supply Act," establishes a framework allowing on-premises licensees to purchase sealed alcoholic beverages from off-premises licensees under specific conditions. Key definitions are provided, including terms such as "limited purchase," "off-premises licensee," and "on-premises licensee." The bill outlines that these transactions must adhere to certain requirements, including maintaining sealed containers, retaining responsibility for the Liquor-by-the-Drink Tax, and ensuring that sales tax is not collected if the on-premises licensee has a valid sales tax permit. Additionally, it prohibits any conditions that would create brand exclusivity or promotional obligations between the licensees.

To ensure compliance, both parties involved in the transaction are required to keep detailed records for 24 months, which must be available for review by the Alcoholic Beverage Laws Enforcement (ABLE) Commission or the Oklahoma Tax Commission. Violations of the act can result in penalties, including fines and potential license suspension or revocation. The ABLE Commission is tasked with creating rules to enforce the act, focusing on volume limits and reporting procedures, while being restricted from expanding eligible products or transaction frequency. The act is set to take effect on November 1, 2026.