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 4301 By: Blair
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6 AS INTRODUCED
7 An Act relating to protection of veterans; requiring
Attorney General to enforce provisions of federal law
8 related to payments made to escrow or title companies
in certain real estate transactions; providing for
9 civil penalty; amending 74 O.S. 2021, Section 19.1,
which relates to the Attorney General Law Enforcement
10 Revolving Fund; providing for codification; providing
an effective date; and declaring an emergency.
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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 451 of Title 72, unless there is
17 created a duplication in numbering, reads as follows:
18 A. The Attorney General shall enforce the requirements of 38
19 C.F.R. Section 36.4303(k) or any other federal law or rule that
20 requires earnest money paid by a qualified United States veteran or
21 active duty military to an escrow company or title company or other
22 entity acting in such capacity to be returned if the value of the
23 property appraises for less than the contract price.
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1 B. Any person or entity violating the requirements of federal
2 law as described in subsection A of this section shall pay a civil
3 penalty of Five Hundred Dollars ($500.00) per occurrence. The
4 proceeds from the penalty shall be apportioned to the Attorney
5 General's Law Enforcement Revolving Fund.
6 SECTION 2. AMENDATORY 74 O.S. 2021, Section 19.1, is
7 amended to read as follows:
8 Section 19.1. There is hereby created in the State Treasury a
9 revolving fund for the Office of the Attorney General to be
10 designated the "Attorney General's Law Enforcement Revolving Fund".
11 The fund shall be a continuing fund, not subject to fiscal year
12 limitations, and shall consist of any monies received from the sale
13 of confiscated property, the seizure and forfeiture of confiscated
14 monies, property, gifts, bequests, revises or contributions, public
15 or private, including federal funds unless otherwise provided by
16 federal law or regulation and the civil penalty amount imposed
17 pursuant to Section 1 of this act. All monies accruing to the
18 credit of said fund are hereby appropriated and may be budgeted and
19 expended by the Attorney General for the purposes of investigation,
20 enforcement and prosecution of cases involving criminal and
21 forfeiture laws of this state and the United States of America or to
22 match federal grants. Expenditures from said fund shall be made
23 upon warrants issued by the State Treasurer against claims filed as
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Req. No. 15933 Page 2
1 prescribed by law with the Director of the Office of Management and
2 Enterprise Services for approval and payment.
3 SECTION 3. This act shall become effective July 1, 2026.
4 SECTION 4. It being immediately necessary for the preservation
5 of the public peace, health or safety, an emergency is hereby
6 declared to exist, by reason whereof this act shall take effect and
7 be in full force from and after its passage and approval.
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9 60-2-15933 MAH 01/14/26
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Req. No. 15933 Page 3Every fact on this page links to its source, starting with the official bill record.