HB 1199 Oklahoma House · 2026 Regular Session

Legal tender; gold and silver; specie; tax; regulation; contract; attorney general; Oklahoma court; debts; effective date.

HB 1199 defines U.S. gold and silver coins as legal tender in Oklahoma for paying debts, but clarifies that individuals cannot be forced to accept them unless agreed upon in a contract. The bill specifies that gold or silver bullion (with clear weight and metal content) may also be used as legal tender, and prohibits taxing transactions involving these metals. It requires Oklahoma courts to enforce contracts specifying gold or silver as payment and ensures exchanges of such metals don’t create tax liability. The law takes effect November 1, 2025.

Bill status passed 3 of 5 stages cleared

Introduction

Feb 2025

Committee Review

Apr 2025

House Passage

Mar 2025

Senate Passage

Governor

Introduced Feb 3, 2025 Last action May 8, 2025

Maddy AI version diff · 3 comparisons

What changed between versions

Floor (House) → Floor (Senate) · 4 edits

MODERATE

The bill moved from House to Senate floor version with several substantive changes. The Senate version added more sponsors to both chambers, changed the Attorney General reference to 'Office of the Attorney General', and updated the committee report information. The core legal provisions regarding gold and silver coins as legal tender remain substantively unchanged.

Scope change

No change in the bill's scope or applicability - it still applies to gold and silver coins as legal tender in Oklahoma

TECHNICAL

Added additional sponsors to both House and Senate lists in the Senate version

Changed 'Attorney General's office' to 'Office of the Attorney General' in the act description

Updated committee report information from 'Committee on Government Oversight' to 'Committee on Retirement and Government Resources' with different date

Changed page headers from 'HFLR' to 'SFLR' to reflect Senate Floor Version

Floor votes · House Mar 24, 2025

How they voted

73–16

Passed · 11 other

Total votes 100

Mar 24, 2025

D Democratic19

15 Nay 4

78% Nay

R Republican81

73 Yea 1 Nay 7

90% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 15, 2025

Committee

Referred to Appropriations

upper

Apr 15, 2025

Upper · Passed

Reported Do Pass as amended Retirement and Government Resources committee; CR filed

upper

Apr 7, 2025

Committee

Referred to Retirement and Government Resources

upper

Mar 25, 2025

Introduced

First Reading

upper

Mar 25, 2025

Lower · Passed

Engrossed, signed, to Senate

lower

Mar 24, 2025

Committee

Referred for engrossment

lower

Mar 24, 2025

Lower · Passed

Third Reading, Measure passed: Ayes: 73 Nays: 15

lower

Mar 24, 2025

Lower · Passed

Amended

lower

Feb 25, 2025

Lower · Passed

CR; Do Pass Government Oversight Committee

lower

Feb 12, 2025

Lower · Passed

Policy recommendation to the Government Oversight committee; Do Pass Banking, Financial Services and Pensions

lower

Feb 4, 2025

Committee

Referred to Banking, Financial Services and Pensions

lower

Feb 3, 2025

Introduced

First Reading

lower

2 primary · 0 co-sponsors