HB 4428 requires Oklahoma's pension benefit plans (like state retirement funds) to vote on shareholder proposals solely based on financial impact, banning consideration of environmental, social, or political goals. It mandates that pension boards base all voting decisions on "pecuniary factors" (financial risk/return) to maximize shareholder value, and prohibits proxy advisors from providing recommendations that include non-financial considerations. Boards must annually report all votes, including their decision, management's stance, and any proxy advisor's recommendation, publishing the report online by March 1 each year. The law applies to all state pension systems and takes effect November 1, 2026.
This bill changes Oklahoma's requirements for oil and gas operators to provide financial guarantees (surety) for well plugging and environmental compliance. It phases out "Category A" surety (based on $50,000 net worth) for new operators starting November 2025, while current operators may keep it but can voluntarily switch to "Category B" surety (like letters of credit or bonds). Category B amounts scale with the number of wells operated, starting at $25,000 for 1-10 wells (rising to $50,000 by 2028) and higher for larger operations, with a maximum of $150,000. Operators with fines or poor compliance records must use Category B, and the Commission can require higher amounts based on performance.
HB 1907, the Battery Stewardship Act, requires producers of batteries weighing over 11 pounds (including vehicle batteries) to create and manage recycling programs. It grants producers and their stewardship organizations immunity from antitrust laws when planning, reporting, and operating these programs. The bill also allows private collectors to run independent battery collection services (like household drop-offs) if they follow environmental rules and send collected batteries to approved stewardship organizations. This directly affects battery manufacturers, vehicle dealers, and recycling organizations in Oklahoma.
HB 4340 would add a sales tax exemption for the sale of "frack water" (wastewater from oil and gas extraction) in Oklahoma. This exemption would directly affect oil and gas companies and vendors selling this wastewater, eliminating the sales tax on such transactions. The bill amends Oklahoma's sales tax code to include this specific exemption under existing tax exemption categories. The policy change would reduce tax burdens for businesses involved in handling oil and gas extraction wastewater. The bill is currently pending in the Appropriations and Budget Natural Resources Subcommittee.
HB 4413 requires facilities burning hospital, medical, or infectious waste to comply with existing U.S. Environmental Protection Agency (EPA) air emission standards. It prohibits any facility not meeting current EPA standards, monitoring, reporting, and permitting requirements from burning such waste in Oklahoma. The bill directly affects municipal solid waste incinerators that handle medical waste, mandating they align with federal rules or cease this activity. The law takes effect November 1, 2026, and codifies EPA definitions for medical waste as used in 40 C.F.R. §60.51c.
HB 2037 removes specific energy conservation rules from Oklahoma law by repealing Sections 456, 457, and 458 of Title 19 O.S. 2021 and Section 5-131.2 of Title 70 O.S. 2021. This bill eliminates existing statutory requirements related to energy conservation without creating new provisions. It takes effect on November 1, 2025, after being approved by the governor on May 9, 2025. The repeal directly affects the legal framework governing energy conservation in Oklahoma, removing these specific sections from the state code.
SB 777 modifies Oklahoma's regulations for harvesting fish and aquatic species by giving the Oklahoma Department of Agriculture, Food, and Forestry (ODAFF) discretion to create rules governing these activities. It allows certain harvesting but requires it to follow Department-set restrictions, replacing mandatory language ("shall") with discretionary terms ("may"). The bill removes a prior requirement for the state to assess fees and transfers this authority to ODAFF. This change directly affects commercial and recreational fishers by shifting regulatory oversight to the Department, which will determine specific harvesting rules. The bill became law on May 12, 2025, without a gubernatorial signature.
HB 1910 establishes Oklahoma's Urban Agriculture Cost Share Program, administered by the Oklahoma Conservation Commission. It provides funding from the Conservation Commission's Infrastructure Revolving Fund to reimburse eligible individuals, tribes, or organizations for urban agriculture projects on land within five miles of urban areas defined by the U.S. Census. Eligible projects include community gardens, rooftop farming, greenhouses, soil health initiatives, and food waste composting, with priority given to areas with limited access to healthy food. Applicants must submit project plans and enter contracts with local conservation districts, and the Commission must annually report program data on projects, funding, and community impacts.
HB 2142 requires wind energy facility owners to ensure new construction or modifications do not harm military operations near installations. It mandates that owners submit FAA applications to the Oklahoma Military Department within 30 days and obtain a "determination of no hazard" from the FAA or resolve military impacts via the federal Clearinghouse. The bill prohibits projects that could interfere with military training routes, drop zones, runways, or defense airspace, with owners facing $1,500 daily fines for non-compliance. Confidential documentation shared with the Military Department cannot be disclosed publicly under Oklahoma law.
SB 460 establishes natural gas as the preferred fuel source for new fossil fuel electricity generation facilities in Oklahoma, requiring all new plants built after July 1, 2025, to use natural gas unless a generator can demonstrate to regulators that another fossil fuel better serves consumers. The bill amends Oklahoma law to create a "natural gas energy standard" that supplements renewable energy goals, specifically targeting new construction and added capacity at existing fossil fuel plants. This policy directly affects electricity generators planning new facilities or expansions, shifting the default fuel choice from other fossil fuels to natural gas. The law takes effect July 1, 2025, and was enacted as an emergency measure.
