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OK SB2049
Bill
AI Summary
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Department of Transportation must notify the Transportation Commission before making any claim against a surety company for financial losses due to contractor nonperformance
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Transportation Commission is granted authority to review and approve or disapprove all surety claims submitted by the Department
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Department cannot proceed with surety claims without Transportation Commission approval
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Creates new Section 1105 of Title 69 in Oklahoma Statutes
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Effective date: November 1, 2026
Legislative Description
Transportation; requiring the Department of Transportation to receive certain approval before taking certain action. Effective date.
Last Action
Placed on General Order
3/4/2026
Committee Referrals
Aeronautics and Transportation2/3/2026
Full Bill Text
No bill text available