State Treasurer; authorizing Treasurer to create gold depository; authorizing fee structure. Effective date.

SB 33 authorizes Oklahoma's State Treasurer to create or contract for a gold and silver bullion depository, allowing eligible Oklahoma citizens to store physical precious metals. The bill establishes transaction cards that debit against stored gold/silver balances for purchases, treating these deposits and transactions as legal tender (not commodities) under state law. It requires the Treasurer to develop a fee structure for account holders and outline procedures for sharing account information with depositories. This directly affects Oklahoma residents who open accounts in the depository system, enabling them to use stored precious metals for everyday transactions.