OK SB1507

Requires entities issuing building permits to obtain certificates of insurance from contractors before issuing residential building permits for single-family or duplex structures.

Mandates contractors have general liability insurance and either workers' compensation insurance or an exemption verification document.

Exempts property owners performing construction or remodeling on their own single-family or duplex properties, unless a general contractor or subcontractor is involved.

Limits registration fees for contractor monitoring to the same amount charged by the entity for other construction trade contractors.

Declares an emergency, making the act effective immediately upon passage and approval.