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Oklahoma Legislature· HB 4228Referred to Rules

An act relating to insurance, the official text

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 4228               By: Kannady

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7                   AS INTRODUCED

8   An Act relating to insurance; amending Section 1,

    Chapter 56, O.S.L. 2025 (36 O.S. Supp. 2025, Section

9   6224), which relates to public insurance adjusters

    and total commission payable; limiting total

10  commission payable to either ten percent or One

    Hundred Thousand Dollars depending on which is less;

11  and providing an effective date.

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15 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:

16  SECTION 1.      AMENDATORY  Section 1, Chapter 56, O.S.L. 2025

17 (36 O.S. Supp. 2025, Section 6224), is amended to read as follows:

18  Section 6224. Under any method of compensation, the total

19 commission payable to a public insurance adjuster, including

20 expenses, direct costs, or any other costs accrued by the public

21 insurance adjuster, shall not exceed ten percent (10%) or One

22 Hundred Thousand Dollars ($100,000.00), whichever is less, of the

23 amount of the insurance settlement when adjusting for entities

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    Req. No. 15195                                                 Page 1
1 subject to The Governmental Tort Claims Act, Section 151 et seq. of

2 Title 51 of the Oklahoma Statutes.

3   SECTION 2. This act shall become effective November 1, 2026.

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5   60-2-15195      MJ  12/18/25

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    Req. No. 15195                    Page 2
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