Bill
Bill > HB1942
summary
Introduced
02/03/2025
02/03/2025
In Committee
02/04/2025
02/04/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
An Act relating to contracts; requiring vendors of goods and services to disclose price and related cost information; requiring disclosure of state and local sales tax amounts; providing for statement of shipping costs; providing for codification; and providing an effective date.
AI Summary
This bill requires vendors selling goods or services in Oklahoma to clearly disclose the total price that a buyer will pay, including all fees and charges. Specifically, vendors must identify the actual price of the goods or services and separately list the total amount of state and local sales taxes that apply. While shipping charges do not need to be included in the base price, any shipping costs must be clearly stated as a separate line item. The vendor must provide this detailed pricing information to the buyer a reasonable time before the payment is due. The bill will take effect on November 1, 2025, and will be codified as Section 1101 of Title 15 in the Oklahoma Statutes. The goal of this legislation appears to be increasing pricing transparency for consumers by ensuring they have a complete understanding of all costs associated with a purchase before finalizing the transaction.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to Business (on 02/04/2025)
Official Document
bill text
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bill summary
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bill summary
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