OK HB2155

State agencies cannot enter into contingency-fee contracts with private attorneys unless the Attorney General makes a written determination that the arrangement is cost-effective and in the public interest.

Contingency fees are capped using a tiered structure: 25% on recoveries up to $10 million, declining to 5% on amounts exceeding $25 million, with an aggregate cap of $50 million regardless of the number of lawsuits or attorneys involved.

Penalties and fines are excluded from the calculation of contingency fees, and reasonable costs and expenses may be paid separately as determined by the court.

The Attorney General must retain complete control over litigation strategy, maintain supervisory oversight through a designated government attorney, retain veto power over outside counsel decisions, and keep settlement decisions exclusively within state authority.

Executed contracts and written determinations must be posted on the Attorney General's website for public inspection once cases are resolved, and private attorneys must maintain detailed records for four years after contract termination.