Crimes and punishments; increasing penalties; effective date.

HB 4154 amends Oklahoma law to increase penalties for making false financial statements when seeking property, cash, loans, or credit. It directly affects individuals who knowingly provide false information about their financial condition to obtain these benefits. The bill elevates the offense from a misdemeanor to a felony, increasing potential penalties to up to two years in jail or fines of $500-$2,500 (or both). The law takes effect November 1, 2026.