Insurance; health benefit plans; insurance committees; impact analysis; Legislative Service Bureau; Oklahoma Insurance Department; report; effective date.

Increased the maximum number of bills requiring impact analysis from five to six per fiscal year.

Added a requirement that the six annual referrals be divided equally between the House of Representatives and the Senate.

Changed the bill's effective date from November 1, 2025, to November 1, 2026.

Removed the 'Proposed Oversight' title and updated internal document reference numbers.

The document header was updated to reflect the bill's new status as a 'Proposed Oversight Committee Substitute' rather than 'Engrossed', and the title was amended to conform to the committee's changes.

Minor formatting changes were applied, including the removal of the original author line and the renumbering of sections and lines to match the committee's markup.

The footer text indicating the bill passed the House and Senate was removed, as this version represents a draft subject to further review.

The effective date for the act was changed from November 1, 2026, to November 1, 2025.

The header was updated from 'Introduced' to 'Engrossed' to reflect the bill's final status before signing.

The bill summary was rewritten to match the final text, removing references to committee assignments and focusing on the requirement for the Legislative Service Bureau to submit bills to the Insurance Department for analysis.

Section numbering and formatting were adjusted to align with the final enacted structure.