Asset forfeiture; repealing provisions related to asset forfeiture. Effective date.

SB 492 repeals seven specific sections of Oklahoma’s asset forfeiture law (63 O.S. 2021 §§ 2-503 through 2-508), which governed property seizure, notice requirements, and disposal procedures. This bill removes existing rules that directly affected individuals whose property was seized by law enforcement under asset forfeiture. The repeal takes effect November 1, 2025, eliminating these specific legal provisions without creating new mechanisms. The bill focuses solely on repealing outdated statutes, with no new policy changes or direct impact on current forfeiture practices.