OK SB1459

Expresses legislative intent to study workers' compensation system reforms implemented in Oregon since 1990

Notes that Oregon's reforms reduced workers' compensation insurance premium rates from sixth highest nationally (1986) to forty-second highest (2006), saving employers $14.5 billion since 1990

States that Oregon achieved 50% reduction in workplace injury and illness rates while increasing permanent disability benefits by 600-800%

Directs study of Oregon reforms to determine appropriate modifications to Oklahoma's workers' compensation system to benefit businesses, employers, and employees

Becomes effective November 1, 2012