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Bill > SB1955
OK SB1955
OK SB1955Oklahoma Horse Racing Act; defining terms; requiring provider to obtain certain license. Effective date.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/03/2026
02/03/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act relating to the Oklahoma Horse Racing Act; amending 3A O.S. 2021, Sections 200.1, 204, and 281, which relate to definitions, powers and duties of the Oklahoma Horse Racing Commission, and provisions of the Model Tribal Gaming Compact; defining terms; requiring Commission to promulgate rules; requiring certain provider to obtain a certain license; updating statutory language; updating statutory references; providing for codification; and providing an effective date.
AI Summary
This bill amends the Oklahoma Horse Racing Act to define "advance deposit account wagering" as a system where individuals establish accounts with licensed entities to place bets, and an "advance deposit account wagering license" as permission to conduct this type of wagering. It requires any provider accepting wagers from within Oklahoma via the internet to obtain this specific license from the Oklahoma Horse Racing Commission, which will also develop rules for it. Additionally, the bill updates statutory language and references within the Act, including provisions related to the Model Tribal Gaming Compact, which governs gaming agreements between tribes and the state, and clarifies that the Oklahoma Horse Racing Commission has no role in regulating or overseeing gaming conducted by tribes under that compact. The bill is set to become effective on November 1, 2026.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Second Reading referred to Business and Insurance (on 02/03/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1955&Session=2600 |
| Fiscal Note/Analysis - Senate: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/Senate/SB1955%20INT%20BILLSUM.PDF |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/SB/SB1955%20INT.PDF |
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