Insurance; requiring certain legislation to directed to Legislative Service Bureau; directing Legislative Service Bureau to submit legislation to Insurance Department; allowing Department to contract with third-parties; requiring public access to certain reports. Effective date.

The Legislative Service Bureau now directs bills to the Insurance Department for analysis instead of the Insurance Department conducting analysis independently.

Distribution of the final report was changed to go through the Legislative Service Bureau rather than directly from the Insurance Department to legislators.

Expanded the report distribution requirements to include the chairman of the legislative committee to which the measure was referred.

Added flexibility for the Insurance Department to contract with third-party vendors for actuarial services and insurance mandate reviews.

Added a specific 60-day deadline for the Insurance Department to complete and return the impact analysis report.

Added formal definitions for 'Bureau' (Legislative Service Bureau) and 'Department' (Oklahoma Insurance Department) to clarify roles and responsibilities.