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OK HB1415

Bill

Status

Engrossed

3/12/2025

Primary Sponsor

Josh West

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • 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

  • 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

  • Authorizes civil penalties up to $1,000,000 per violation of the Oklahoma Antitrust Reform Act, with proceeds deposited to the General Revenue Fund

  • 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

  • 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

Committee Referrals

Judiciary4/1/2025
Civil Judiciary2/4/2025
Judiciary and Public Safety Oversight2/4/2025

Full Bill Text

No bill text available