Bill > SB1448

This bill modifies exemptions to the Oklahoma Consumer Protection Act, which is a law designed to protect consumers from deceptive or unfair business practices. Specifically, it expands the types of actions and transactions that are exempt from this Act. Previously, exemptions included certain publishers and broadcasters, actions regulated by the Corporation Commission or other state/federal regulatory bodies, and retailers acting in good faith based on information from others. This bill adds to these exemptions by including actions or transactions regulated by any other regulatory body or officer acting under state or federal authority, and it clarifies that retailers are exempt when acting on information supplied by others without knowledge of its deceptive nature. It also maintains the exemption for the collection and remittance of certain taxes like gross receipts tax on mixed beverages, sales tax, or use tax. The bill also specifies an effective date of November 1, 2026.

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http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1448&Session=2600