This bill amends existing Oklahoma law regarding traffic collisions and the reporting requirements associated with them. Specifically, it raises the threshold for when a written report of a collision is required from $300 to $3,000 in property damage. Additionally, it exempts certain accidents from reporting requirements, stating that no report is necessary when all parties involved agree to exchange information and there are no injuries, deaths, or property damage beyond the vehicles involved. The bill also clarifies that law enforcement agencies must respond to and report collisions on private property if they involve personal injury, a driver suspected of being under the influence, or state-owned vehicles.

Furthermore, the bill mandates that law enforcement officers prepare written reports for collisions resulting in injury or death, or total property damage of $3,000 or more. These reports must be submitted to the Department of Public Safety within specified timeframes. The bill also includes provisions to protect the confidentiality of collision reports for 60 days and outlines penalties for unauthorized access to this information for commercial solicitation purposes. The effective date for this legislation is set for November 1, 2026.