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Bill > HB2762
OK HB2762
OK HB2762International corporation agents; creating the International Corporation Agent Political Activity Oversight Act of 2025; effective date.
summary
Introduced
02/03/2025
02/03/2025
In Committee
04/22/2025
04/22/2025
Crossed Over
03/03/2025
03/03/2025
Passed
05/08/2025
05/08/2025
Dead
Signed/Enacted/Adopted
05/15/2025
05/15/2025
Introduced Session
2025 Regular Session
Bill Summary
An Act relating to international corporation agents; creating the International Corporation Agent Political Activity Oversight Act of 2025; defining terms; prohibiting certain acts under certain conditions; requiring filing to perform certain acts; requiring certain information be included in filing; providing exception; amending 18 O.S. 2021, Section 1142, which relates to Secretary of State filing and service fees; establishing filing fee and establishing amount; authorizing certain acts to facilitate implementation; providing for noncodification; providing for codification; and providing an effective date. SUBJECT: International corporation agents
AI Summary
This bill creates the International Corporation Agent Political Activity Oversight Act of 2025, which establishes new regulations for individuals representing international corporations in Oklahoma. The bill defines an "international corporation agent" as someone representing the interests of a foreign corporation or a business with over 51% foreign ownership, and requires such agents to file a specific form with the Secretary of State and pay a $25 fee before advocating to influence state laws or seek state funding on behalf of their associated international corporation. The filing must include the name of the international corporation and the time period of advocacy, and excludes individuals covered under national security agreements with the Committee on Foreign Investments in the United States (CFIUS). The Secretary of State is authorized to develop the necessary filing form, promulgate rules, and implement procedures to enforce these new requirements. The bill amends existing state statutes to add this new $25 filing fee to the list of Secretary of State service fees and will become effective on November 1, 2025.
Committee Categories
Budget and Finance, Justice
Sponsors (2)
Last Action
Becomes law without Governor's signature 05/15/2025 (on 05/15/2025)
Official Document
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