OK HB2658

Amends 85 O.S. 2001, Section 2b to change references from "State Insurance Fund" to "CompSource Oklahoma" and allow state entities, counties, cities, boards of education, and comprehensive universities to use private insurance carriers for workers' compensation coverage.

Modifies self-insurance provisions for state entities and institutions of higher education by removing the requirement that CompSource Oklahoma exclusively administer self-insurance programs.

Extends the deadline for privatization of CompSource Oklahoma from December 31, 2010 to December 31, 2011.

Extends the Task Force on Privatization of CompSource Oklahoma from December 31, 2011 to December 31, 2012 and adds consideration of leaving CompSource Oklahoma in its current status as an alternative to privatization.

Changes the supplemental report deadline from December 1, 2009 to December 1, 2010.