HB 2762: International corporation agents; creating the International Corporation Agent Political Activity Oversight Act of 2025; effective date. - Oklahoma

Floor (House) → Floor (Senate) · 4 edits

MODERATE

This bill version transitioned from the House floor version to the Senate floor version, primarily updating formatting and metadata rather than substantive policy. The core legislative content remains identical, with only cosmetic changes to headers, page numbering, and committee attribution.

TECHNICAL

Header changed from 'HOUSE OF REPRESENTATIVES - FLOOR VERSION' to 'SENATE FLOOR VERSION' with updated date to April 22, 2025.

Committee attribution updated from 'Committee Substitute' to 'ENGROSSED HOUSE' with Senate sponsor 'Woods of the Senate' added.

Page headers changed from 'HB2762 HFLR' to 'SENATE FLOOR VERSION - HB2762 SFLR' with updated bold face notation description.

Removed 'COMMITTEE SUBSTITUTE' designation that appeared in the House version.

House Committee Substitute → Floor (House) · 2 edits

MINOR

The bill was amended to update formatting and add the Senate sponsor (Woods) to the header. The substantive policy content regarding international corporation agent registration, prohibitions on advocacy, and filing fees remains unchanged from the Committee Substitute version.

TECHNICAL

Updated header to reflect Floor version with Senate sponsor added

Adjusted page numbering and formatting throughout the document

Proposed Committee Substitute (full committee) 1 → House Committee Substitute · 3 edits

MINOR

This bill was amended to update its title and reorganize the text for clarity. The most significant substantive change is the addition of a new exception in Section 2, which exempts individuals from certain advocacy restrictions if they have a security agreement with the Committee on Foreign Investments in the United States (CFIUS). The fee schedule in Section 3 was also renumbered and expanded to include a new fee category for certificates of conversion.

Scope change

The bill now includes an exemption for individuals with CFIUS security agreements from certain advocacy restrictions.

ELIGIBILITY

Added an exception allowing individuals with security agreements with CFIUS to advocate for international corporations without paying Secretary of State fees.

REQUIREMENT

Renumbered fee schedule items and added a new fee category for certificates of conversion.

TECHNICAL

Updated document title from 'Proposed Committee Substitute' to 'Committee Substitute' and changed request number from 12336 to 12639.

Enrolled (final version) → Proposed Committee Substitute (full committee) 1 · 3 edits

MINOR

This bill was converted from its final enrolled version to a committee substitute version, which represents a draft version under review by the legislative committee rather than the final enacted law. The substantive policy content of the bill remains largely unchanged, with the primary differences being formatting, page numbering, and the addition of committee amendment metadata.

TECHNICAL

The document header changed from 'Enrolled HOUSE BILL' to 'Proposed Committee SUBSTITUTE', indicating this is a draft version under committee review rather than the final enacted legislation.

Committee amendment metadata was added including the sponsor's name (Trey Caldwell), adoption date placeholder, and page numbering changes from the enrolled version.

Page numbers and formatting were adjusted to reflect the committee substitute format, with new page numbering starting from page 1 instead of continuing from the enrolled version's page 2.

Engrossed → Enrolled (final version) · 3 edits · May 8, 2025

MINOR

The bill was finalized from Engrossed to Enrolled status with minor formatting corrections and one substantive addition to the filing fee structure. The most significant change is the addition of a new fee for foreign corporations seeking to do business in Oklahoma, which was not present in the earlier version.

Scope change

The bill's scope remains focused on regulating international corporation agents and updating Secretary of State filing fees, with no change to the core policy or applicability.

FISCAL

A new fee was added for issuing certificates to foreign corporations to do business in Oklahoma, set at one-tenth of one percent of capital invested with a minimum of $300, with a cap at authorized capital amounts.

TECHNICAL

Minor formatting changes were made to align the Enrolled version with standard legislative formatting, including page number adjustments and removal of markup indicators.

The fee language for certificate of conversion was slightly reworded to clarify the calculation method for non-profit domestic corporations.

Introduced → Engrossed · 6 edits · May 7, 2025

MODERATE

This bill was renamed from the 'Foreign Entity Political Activity Oversight Act' to the 'International Corporation Agent Political Activity Oversight Act' to more accurately reflect that it regulates individual agents representing foreign corporations rather than the corporations themselves. The bill adds new definitions for 'international corporation agent' and prohibits these agents from advocating for foreign corporations without first filing a form with the Secretary of State and paying required fees. The bill also amends existing filing fee schedules in the Oklahoma Statutes, adjusting fees for various services like document filing, name reservations, and corporate certificates.

Scope change

The bill's scope narrowed from regulating foreign entities broadly to specifically regulating individual agents who represent foreign corporations or entities with majority foreign ownership.

SCOPE

Bill title and subject matter changed from regulating foreign entities to regulating international corporation agents representing foreign corporations.

DEFINITION

New definition of 'international corporation agent' includes individuals representing foreign corporations or those with 51% or greater foreign ownership.

REQUIREMENT

New requirement that international corporation agents must file a completed form with the Secretary of State and pay prescribed fees before advocating for foreign corporations.

New requirement that the filing form must include the name of the international corporation and the time period for advocacy.

FISCAL

Existing filing fee schedule in 18 O.S. 2021 Section 1142 was updated with specific dollar amounts for various services including document filing ($25), name reservations ($10), and corporate certificates.

TECHNICAL

New effective date of November 1, 2025 was established for the new law.

International corporation agents; creating the International Corporation Agent Political Activity Oversight Act of 2025; effective date.

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