Oil and gas; interest; remittance; escrow account; relief of liability; effective date.

Where it is in the process

Plain-English Summary

This bill changes how oil and gas production proceeds are handled in Oklahoma. It specifies that uncashed payments or payments returned as undeliverable will not earn interest. The bill also updates the rules for when proceeds must be paid to owners and how interest is calculated on delayed payments, particularly when title is unmarketable.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

Votes

Sponsorship · 16 Sponsors

Democrat1Republican15Independent0Other0

R · PrimeAnthony Moore
R · PrimeGrant Green
R · CoTammy West
R · CoMarilyn Stark
R · CoBrad Boles
R · CoDanny Sterling
R · CoAdam Pugh
R · CoBill Coleman
R · CoAlly Seifried
D · CoMark Mann
R · CoKristen Thompson
R · CoTom Woods
R · CoChuck Hall
R · CoJohn Haste
R · CoBrenda Stanley
R · CoRyan Eaves

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