HB 2765 renames Oklahoma's Cash Management and Investment Oversight Commission to the "Invest in Oklahoma Board" and establishes a new program allowing specific state retirement systems to invest up to 5% of their assets in Oklahoma-based venture capital, private equity, and growth funds. The bill requires these funds to make substantial investments in Oklahoma and sets criteria for selecting investment advisors, including factors like local investment focus and experience. It directly affects nine state retirement systems, including the Teachers’ Retirement System and Oklahoma Public Employees Retirement System, by enabling them to allocate funds through the new program. The law also modifies reporting requirements and authorizes the State Treasurer to manage cash balances in the program under the Board's oversight.
HB 2781, the Reindustrialize Oklahoma Act of 2025, creates a rebate program to incentivize large-scale industrial investment and job creation in Oklahoma. It provides rebates to businesses committing to at least $2 billion in qualified equipment and facility investments while creating a minimum of 700 new full-time jobs in the first year (rising to 1,000 annually thereafter). The Oklahoma Department of Commerce administers the program using a new revolving fund, prohibits participating businesses from receiving overlapping state incentives for the same project, and requires annual legislative reports on program implementation. This law directly affects qualifying businesses in manufacturing and industrial sectors meeting the investment and job thresholds.
SB 701 temporarily lifts specific restrictions on course and program offerings at several Oklahoma higher education institutions, primarily affecting Muskogee and Tulsa campuses. It ends a 5-year moratorium (through 2030) on rules that previously limited colleges like Northeastern State University's Muskogee branch to upper-division courses, prevented community colleges from offering upper-division classes, and restricted other institutions from duplicating programs. The bill allows the State Regents for Higher Education to approve "functional exceptions" enabling institutions to offer new courses or programs outside their usual mission to address unmet workforce needs. This directly impacts institutions including Northern Oklahoma College, Connors State College, and Oklahoma State University-Tulsa. The law takes effect July 1, 2025.
HB 1460 adds specific fees to criminal court proceedings in Oklahoma. It requires courts to collect a $10 fee for most criminal convictions (excluding parking violations) and a $150 laboratory analysis fee when forensic services are used (e.g., by OSBI or county labs). The $150 fee funds state or local forensic services, while $5 fees for marijuana possession cases support drug education programs. Monies collected also contribute to the CLEET Fund for law enforcement training, with 7% of local fees reserved for municipal/county law enforcement training programs. This directly affects convicted individuals, courts, and law enforcement agencies receiving fee-based funding.
SB 453 creates the Oklahoma Expedited Actions Act, establishing a new court process for certain civil lawsuits in Oklahoma. It directly affects individuals and businesses involved in civil cases seeking faster resolution, such as contract disputes or property claims under specific dollar thresholds. The bill sets clear rules for when this expedited process applies, including strict timelines for filing, responses, and hearings to speed up case resolution. The law became effective after Governor approval on May 27, 2025.
HB 1422 increases the Grand River Dam Authority's (GRDA) maximum bond capacity from $1.41 billion to $3.6 billion under specific conditions, directly affecting GRDA's ability to finance infrastructure projects. The bill amends Oklahoma statute to allow GRDA to issue bonds for facilities like dams, hydroelectric plants, and transmission lines, with the higher limit applying if the Oklahoma Department of Commerce approves certain economic development applications. This change enables GRDA to secure more funding for energy infrastructure without requiring new legislative approval for each project. The bill was designated an emergency measure and signed into law by the Governor on May 28, 2025.
This bill amends Oklahoma law to restrict the operation of minibikes, golf carts, utility vehicles, and all-terrain vehicles (ATVs) on public streets and highways, except in specific, limited circumstances. It prohibits minibikes on most roads (allowing only parades or registered food vendors on streets ≤30 mph), bans golf carts/ATVs on most highways (except in state parks with warning signs, cities with safety ordinances, or low-speed county roads ≤25 mph with signage), and requires street-legal utility vehicles to be registered and avoid interstates. The bill directly affects vehicle owners, local governments (which must adopt ordinances for golf carts), and businesses using these vehicles for delivery. Despite its title referencing "commercial driver licenses," the bill focuses solely on vehicle operation rules, not licensing.
SB 1000 transfers $180 million from the Perform Fund and $75 million from Commerce Department funds to the ROA-25 Revolving Fund. The bill requires the State Treasurer to move these specific amounts to the fund established under previous legislation (HB 2781). All funds must be budgeted and spent in accordance with existing state laws. This is a procedural budget adjustment with no new policy changes or direct impact on residents or businesses.
HB 1462 requires Oklahoma courts to prioritize ordering restitution payments when sentencing defendants convicted of crimes (excluding death penalty cases). The bill mandates courts to order restitution to victims when the defendant can pay without hardship, with 12% annual interest, and clarifies that restitution must be paid before other sentencing options like community service or fines. This directly affects convicted individuals (who must pay), crime victims (who receive payments), and state agencies (like the OSBI that may seek reimbursement).
HB 1886, now law after governor approval on May 23, 2025, updates Oklahoma's human trafficking sentencing by reducing the maximum sentence for certain trafficking acts from 25 to 10 years. The bill specifically targets traffickers convicted under these provisions, directly affecting individuals facing criminal prosecution for human trafficking offenses. Key changes include codifying this reduced sentence range into state law and adjusting related penalty structures. The amendment process clarified the exact sentencing term, replacing "twenty-five (25)" with "ten (10)" in the law. This represents a concrete policy shift in sentencing severity for specific trafficking crimes.
SB 889 requires Oklahoma hospitals to publicly post detailed pricing information online in an accessible, machine-readable format. It directly affects licensed hospitals and state-owned hospital facilities by mandating they publish a digital list of standard charges for all services, including gross charges, discounted cash prices, and negotiated rates with insurers. The bill specifies that hospitals must display this information free of charge, without requiring user accounts, and update it annually on their public website. This transparency measure aims to help patients compare costs for services like procedures, room fees, and supplies before receiving care.
SB 335 prohibits rate-regulated retail electric suppliers in Oklahoma from offering certain financial incentives to customers. The bill bans specific types of customer incentives that could influence electricity usage patterns, applying only to suppliers under state rate regulation. It takes immediate effect as an emergency measure following Governor approval on May 22, 2025. This law directly affects regulated electric providers but does not apply to non-regulated suppliers or other utility services.
