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OK SB638

Bill

Status

Passed

5/27/2025

Primary Sponsor

Julie Daniels

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Origin

Senate

2026 Regular Session

AI Summary

  • Amends Oklahoma's Unfair Sales Act to remove the 6% markup requirement from the definition of "cost to the retailer," changing how minimum pricing is calculated for retail merchandise sales

  • Creates a new separate penalty for motor fuel violations: retailers or wholesalers who advertise, offer to sell, or sell motor fuel below cost face fines up to $1,000, double the $500 maximum fine for other merchandise violations

  • Updates and reorganizes statutory definitions for terms including "cost to the retailer," "cost to the wholesaler," "replacement costs," "retailer," "wholesaler," and retail/wholesale sales

  • Violations remain classified as misdemeanors for both general merchandise (up to $500 fine) and motor fuel (up to $1,000 fine)

  • Effective date: November 1, 2025

Legislative Description

Unfair Sales Act; modifying definitions; violations of act; penalty for retailers who violate act when selling motor fuel. Effective date.

Last Action

Approved by Governor 05/22/2025

5/27/2025

Committee Referrals

Business4/1/2025
Commerce and Economic Development Oversight4/1/2025
Business and Insurance2/4/2025

Full Bill Text

No bill text available