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 2nd Session of the 60th Legislature (2026)
3 HOUSE BILL 4192 By: Chapman
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6 AS INTRODUCED
7 An Act relating to property; prohibiting certain
legal entities from acquiring title to certain number
8 of parcels of real property; providing for
inapplicability of provisions to natural persons and
9 certain legal entities based upon use of real
property for leasing; providing for inapplicability
10 of act to entities based on title to real property on
effective date; providing for codification; and
11 providing an effective date.
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14 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
15 SECTION 1. NEW LAW A new section of law to be codified
16 in the Oklahoma Statutes as Section 2101 of Title 60, unless there
17 is created a duplication in numbering, reads as follows:
18 A. No legal entity which requires action by a state or local
19 government entity in order to establish its legal existence,
20 including but not limited to a partnership, limited partnership,
21 limited liability limited partnership, corporation or limited
22 liability company, shall acquire title to more than fifty (50)
23 parcels of real property within the state which at the time of
24 acquisition by such entity has affixed to land improvements designed
Req. No. 15512 Page 1
1 for occupancy by one or more natural persons and which would be
2 categorized as "single family residential" or a similar designation.
3 B. The provisions of this section shall not be applicable to a
4 natural person or to a legal entity which acquires title to real
5 property in order to construct or to own and operate, if
6 improvements are in place on the acquisition date, real property the
7 primary purpose of which is to allow one or more persons to occupy
8 such property pursuant to a lease.
9 C. The provisions of this section shall not be applicable to
10 any entity for real property held by such entity on the effective
11 date of this act.
12 SECTION 2. This act shall become effective November 1, 2026.
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14 60-2-15512 MAH 01/03/26
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Req. No. 15512 Page 2Every fact on this page links to its source, starting with the official bill record.