The bill establishes the Oklahoma Invasive Woody Species Stewardship for State-Leased Lands Act, which aims to address the management and removal of invasive woody species that threaten the environment, water resources, and the economy in Oklahoma. The act defines invasive woody species and authorizes the Commissioners of the Land Office to take necessary actions to manage these species on trust lands, which are vital for the permanent school fund. The Commissioners are tasked with identifying affected lands and submitting a management plan to the Oklahoma Conservation Commission by December 15 each year, as well as providing an annual report to the Legislature by February 15.

Additionally, the bill allows the Commissioners to enter into partnerships with various state and federal agencies, as well as contract with vendors and lessees for the removal and management of invasive species. The act specifies that the Commission can allocate up to $1 million annually for these efforts, but prohibits the use of additional state resources outside the scope of the act. The Commissioners are also empowered to create necessary rules for implementation. The act is set to take effect on November 1, 2026.