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OK HB1415
Bill
Status
3/12/2025
Primary Sponsor
Josh West
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AI Summary
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Amends the Oklahoma Antitrust Reform Act to clarify that causes of action accrue either when violations are discovered through reasonable diligence, or on the date of the last in a series of violating acts, including acquisitions that cumulatively constitute violations
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Expands Attorney General authority to bring civil actions on behalf of the state, governmental entities, or as parens patriae on behalf of injured Oklahoma residents for antitrust violations
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Authorizes civil penalties up to $1,000,000 per violation of the Oklahoma Antitrust Reform Act, with proceeds deposited to the General Revenue Fund
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Requires courts to consider six factors when determining civil penalty amounts: nature and extent of violation, number of affected consumers, whether conduct was isolated or continuous, willfulness, concealment efforts, and defendant's size and wealth
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Effective date: November 1, 2025
Legislative Description
Trusts and pools; causes of action; enforcement procedures; effective date.
Last Action
Remove as author Senator Rosino; authored by Senator Howard
4/22/2025