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OK HB1415

Bill

Status

Engrossed

3/12/2025

Primary Sponsor

Josh West

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Amends the Oklahoma Antitrust Reform Act to clarify that causes of action accrue when circumstances are discovered (or should have been discovered with reasonable diligence) or on the date of the last violation in a series of anticompetitive acts, including aggregated acquisitions

  • 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 to seek injunctive relief, monetary damages, and treble damages

  • Authorizes the Attorney General to seek civil penalties up to $1,000,000 per violation of the Oklahoma Antitrust Reform Act, with penalties 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 of 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