Shown verbatim: the complete text as captured from the official PDF posted by the Oklahoma Legislature, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
1 STATE OF OKLAHOMA
2 1st Session of the 60th Legislature (2025)
3 HOUSE BILL 1501 By: Tedford
4
5
6 AS INTRODUCED
7 An Act relating to insurance; limiting certain
compensation; prohibiting public adjusters from
8 certain awards; providing for codification; and
providing an effective date.
9
10
11 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
12 SECTION 1. NEW LAW A new section of law to be codified
13 in the Oklahoma Statutes as Section 6224 of Title 36, unless there
14 is created a duplication in numbering, reads as follows:
15 Under any method of compensation, the total commission payable
16 to the public insurance adjuster, including expenses, direct costs,
17 or any other costs accrued by the public insurance adjuster, shall
18 not exceed ten percent (10%) of the amount of the insurance
19 settlement when adjusting for entities subject to The Governmental
20 Tort Claims Act, Section 151 et seq. of Title 51 of the Oklahoma
21 Statutes.
22 SECTION 2. This act shall become effective November 1, 2025.
23
24 60-1-11437 MJ 01/03/25
Req. No. 11437 Page 1Every fact on this page links to its source, starting with the official bill record.