Resolution; CompSource Mutual Insurance Company; State Insurance Fund; trust; public interest.
This Oklahoma resolution establishes public policy to maintain CompSource Mutual Insurance Company as a mutual insurer for workers' compensation, ensuring it remains a separate entity from the state government. The bill mandates that the company's assets are held in trust for policyholders and prohibits it from changing its corporate structure unless it first pays fair ownership interests to all policyholders. By affirming the company's independence from the Executive Branch, the measure clarifies that it operates under its own rules rather than as a state agency. Ultimately, the resolution directs the Insurance Commissioner to act consistently with these provisions to preserve the current workers' compensation insurance system.
Bill status
passed
3 of 5 stages cleared
Introduction
Apr 2026
Committee Review
House Passage
Apr 2026
Senate Passage
Governor
Introduced Apr 6, 2026
Last action Apr 8, 2026
Maddy AI version diff · 2 comparisons
What changed between versions
Floor (House)
→
Enrolled (final version)
·
2 edits
·
Apr 8, 2026
MINOR
The bill was finalized from its floor version to the enrolled version, primarily changing the header format and adding official adoption signatures. The substantive policy language regarding CompSource Mutual Insurance Company remained identical, with no changes to funding, eligibility, or operational rules.
TECHNICAL
Updated document headers and page numbering to reflect the final enrolled status instead of the floor version.
Added official adoption date, presiding officer signature line, and Secretary of State receipt lines required for final legislative approval.
Floor votes
How they voted
This bill passed the House by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
6
Key actions
2
Committee
0
Amendments
1
Apr 8, 2026
Introduced
Enrolled, signed, filed with Secretary of State
lower
Apr 7, 2026
Lower · Passed
Adopted, referred for enrollment
lower
Apr 7, 2026
Lower · Passed
Amended
lower
Apr 6, 2026
Introduced
Introduced
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Chris Sneed
RRepublican
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