Insurance; Oklahoma Property and Casualty Insurance Guaranty Association; powers and duties; joining organizations; records; effective date.

Added page headers and footer text including page numbers and committee amendment notation to the floor version.

Removed 'Enrolled House' header and replaced with 'House of Representatives - Floor Version' header.

Changed session year notation from '1st Session of the 60th Legislature (2025)' to '1st Session of the 60th Legislature (2025)' with adjusted line breaks.

Formatting and page numbering were updated to reflect the final Enrolled version, including changes from 'ENGROSSED HOUSE' to 'ENROLLED HOUSE' and renumbering of sections.

Corrected a definition error by changing the word 'investment' to 'insurance' in the bill's title section to accurately reflect the legislation's purpose.

Added a new definition for 'Claimant' to clarify who can file covered claims and explicitly excluded affiliates of insolvent insurers from claiming benefits.

Added a new definition for 'Control' to establish rules about ownership and management power, including a presumption that owning 10% or more of voting securities constitutes control.

Added a new definition for 'Covered claim' to specify which unpaid claims are eligible for association support, including residency requirements and property location criteria.

Reduced the financial threshold from $500,000 to $300,000, likely adjusting the amount associated with certain claims or payments the association can process.

Amendment No. 1 changes the purpose clause to replace 'investment' with 'insurance', clarifying the Association's primary focus on insurance coverage rather than investment activities.

Amendment No. 2 reduces the funding threshold from $500,000 to $300,000, adjusting the financial limits for claims or assessments handled by the Association.

Various formatting and structural changes were made to align the bill with standard legislative procedures, including updating page headers and amendment references.