Equipment contracts; modifying definitions; modifying certain prohibited actions; modifying certain consent requirements. Effective date.
SB 377 updates Oklahoma's Fair Practices Act for equipment dealers and suppliers by revising key definitions and rules around dealer agreements. It clarifies terms like "dealer," "single-line dealer" (for dealers selling primarily construction/industrial equipment), and "net equipment cost" to better define financial obligations. The bill modifies termination requirements, setting a $350,000 threshold (adjusted annually for inflation) for compensation dealers must receive if agreements end, and updates prohibited actions between suppliers and dealers. This directly affects equipment dealers, especially single-line dealers, and their suppliers who sell construction, industrial, forestry, and mining equipment.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2025
Committee Review
Apr 2025
Senate Passage
Mar 2025
House Passage
Apr 2025
Signed into Law
Apr 2025
Introduced Feb 3, 2025
Signed Apr 30, 2025
Maddy AI version diff · 5 comparisons
What changed between versions
Floor (House)
→
Floor (Senate)
·
4 edits
MODERATE
The bill text was converted from the House version to the Senate floor version, which includes formatting changes and the addition of a committee substitute designation. The substantive policy content regarding equipment contracts and dealer relationships remains unchanged in this excerpt.
TECHNICAL
Header and title information changed from House Floor Version to Senate Floor Version with updated date and committee substitute designation
Page footers changed from House identifiers to Senate identifiers
Additional line breaks and spacing were added in the definitions section
Some line breaks and spacing were removed in the definitions section
Floor votes · Senate Mar 24, 2025 · House Apr 23, 2025
How they voted
47–0
Passed · 2 other
Total votes 49
Mar 24, 2025
D
Democratic9
100% Yea
R
Republican40
95% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
25
Key actions
7
Committee
6
Apr 30, 2025
Signed into law
Approved by Governor 04/28/2025
upper
Apr 23, 2025
Committee
Referred for enrollment
upper
Apr 23, 2025
Lower · Passed
Third Reading, Measure passed: Ayes: 76 Nays: 8
lower
Apr 17, 2025
Lower · Passed
CR; Do Pass Commerce and Economic Development Oversight Committee
lower
Apr 8, 2025
Lower · Passed
Policy recommendation to the Commerce and Economic Development Oversight committee; Do Pass Business
lower
Apr 1, 2025
Committee
Referred to Business
lower
Mar 25, 2025
Introduced
First Reading
lower
Mar 25, 2025
Upper · Passed
Engrossed to House
upper
Mar 24, 2025
Committee
Referred for engrossment
upper
Mar 24, 2025
Upper · Passed
Measure passed: Ayes: 46 Nays: 0
upper
Feb 20, 2025
Upper · Passed
Reported Do Pass, amended by committee substitute Business and Insurance committee; CR filed
upper
Feb 3, 2025
Introduced
First Reading
upper
2 primary · 0 co-sponsors
Sponsors
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