State parks; transferring the Hugo Lake Park to the Oklahoma Tourism and Recreation Department. Effective date.

SB 121 transfers ownership of Hugo Lake Park to the Oklahoma Tourism and Recreation Department by January 1, 2026, including all property interests and responsibilities. The Department must establish dedicated funds for park operations and will not be liable for any claims or construction issues arising before that date. Existing management contracts and obligations for the park will automatically transfer to the Department, which may also enter new management agreements for up to 50 years. This bill directly affects the park's administration and financial operations, with no new public services or fees specified.