Oklahoma Banking Code; defining terms; updating statutory language. Effective date.
SB 785 updates the Oklahoma Banking Code by revising and clarifying key definitions used in banking regulations, including introducing a specific definition for "central bank digital currency" and clarifying that "currency" does not include such digital currencies. This technical amendment ensures the code's language remains current and precise for financial institutions and regulators. The bill does not change existing banking rules or create new requirements - it solely modernizes statutory terminology for clarity.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2025
Last action Feb 4, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
0
Feb 3, 2025
Introduced
First Reading
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Shane Jett
RRepublican
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