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OK HB1068

Bill

Status

Introduced

2/3/2025

Primary Sponsor

Tom Gann

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Prohibits state governmental entities and public trusts with the state as beneficiary from entering into agreements that would prevent disclosure of terms for payments, incentives, tax credits, grants, or similar benefits provided using state taxes.

  • Allows state entities to withhold proprietary information of for-profit business entities, including trade secrets, input costs, labor costs, and profit margin information, if provided by or on behalf of the business entity.

  • Codifies the prohibition as Section 10001 of Title 62 of the Oklahoma Statutes.

  • Becomes effective November 1, 2025.

Legislative Description

Public finance; nondisclosure agreements; legal entities; effective date.

Last Action

Referred to General Government

2/4/2025

Committee Referrals

General Government2/4/2025
Government Oversight2/4/2025

Full Bill Text

No bill text available