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OK SB1526
Bill
Status
2/2/2026
Primary Sponsor
Bill Coleman
Click for details
AI Summary
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Limited partnerships and limited liability partnerships may hold retail spirits licenses in Oklahoma counties with populations of 70,000 or more according to the latest Federal Decennial Census
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Existing retail spirits licensees organized as limited partnerships may convert to limited liability partnerships without reapplying for a license or suspending operations, provided they notify the Alcoholic Beverage Laws Enforcement Commission within 90 days
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All partners in qualifying partnerships must be natural persons and fully disclosed to the Commission, with any partnership changes reported within 5 business days
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Partnerships holding retail spirits licenses cannot be owned by corporations, limited liability companies, or other partnerships
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Effective date: November 1, 2026
Legislative Description
Alcoholic beverage licenses; allowing certain partnership to hold certain license in certain counties; allowing conversion of certain license with certain notification; requiring disclosures. Effective date.
Last Action
Second Reading referred to Business and Insurance
2/3/2026