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
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2 2nd Session of the 60th Legislature (2026)
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3 SENATE BILL 1242 By: Hamilton
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6 AS INTRODUCED
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7 An Act relating to medical marijuana licensees;
7 amending Section 2, Chapter 41, O.S.L. 2023 (63 O.S.
8 Supp. 2025, Section 427.26), which relates to bond
8 required for land used in commercial growing
9 operations; increasing certain bond requirement;
9 updating statutory references; and providing an
10 effective date.
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1 3 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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14 SECTION 1. AMENDATORY Section 2, Chapter 41, O.S.L. 2023
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1 5 (63 O.S. Supp. 2025, Section 427.26), is amended to read as follows:
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16 Section 427.26. A. It shall be unlawful for any holder of a
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1 7 medical marijuana business license pursuant to Section 427.14 of
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1 8 Title 63 of the Oklahoma Statutes this title to engage in any
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1 9 commercial growing operations in this state without acquiring a
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2 0 bond. The bond shall cover that area of land within the permit area
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2 1 upon which the business licensee will initiate and conduct
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2 2 commercial growing operations.
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23 B. Every applicant for a commercial grower license or
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2 4 commercial grower licensee shall file with the Oklahoma Medical
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Req. No. 2502 Page 1
1 Marijuana Authority a bond satisfactory to the Authority and in the
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2 amount no less than Fifty Thousand Dollars ($50,000.00) One Hundred
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3 Thousand Dollars ($100,000.00) for each license sought or held, with
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4 a surety company qualified to do business in this state as a surety.
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5 The bond shall be furnished to the state for the use of the state
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6 pursuant to the provisions of this act section and Section 427.14 of
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7 this title. The bond shall be conditional that the obligor will
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8 comply with the provisions of this act section and Section 427.14 of
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9 this title including, but not limited to, building codes,
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1 0 administrative rules, and other relevant laws, and all rules and
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1 1 regulations made pursuant to this act section and Section 427.14 of
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1 2 this title and will pay all amounts of money that may be due to the
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1 3 state during the time such bond is in effect.
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14 C. The Authority or the Department of Environmental Quality may
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1 5 require a higher amount depending upon the reclamation requirements
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1 6 of the approved application. The amount shall reflect the probable
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1 7 difficulty of reclamation with consideration for such factors
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1 8 including, but not limited to, topography, hydrology, and
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1 9 revegetation potential. The amount of the bond for a commercial
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2 0 growing operation shall be sufficient to assure the completion of
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2 1 the reclamation plan if the work has to be performed by the
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2 2 Authority or the Department of Environmental Quality in the event of
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2 3 revocation of license.
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Req. No. 2502 Page 2
1 D. An appropriate agency may recall the bond if the property
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2 has been abandoned, the Authority revokes the commercial growing
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3 operation's license, or in response to receiving notice of a
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4 violation of any law, regulation, policy, or ordinance necessitating
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5 remedial action. The bond shall be used to defray the cost of
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6 restoration of the property including, but not limited to, removing
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7 equipment, destruction of waste, remediation of environmental
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8 hazards, prohibiting public access, addressing improperly coded
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9 buildings, or determination of the final disposition of any seized
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1 0 property.
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11 E. A holder of a medical marijuana business license pursuant to
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1 2 Section 427.14 of Title 63 of the Oklahoma Statutes this title
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1 3 engaging in a commercial growing operation may operate without
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1 4 obtaining a bond upon verification by the Authority that the
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1 5 permitted land on which the licensee operates the commercial growing
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1 6 operation has been owned by the licensee for at least a five-year
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1 7 period prior to submission of application.
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18 SECTION 2. This act shall become effective November 1, 2026.
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20 60-2-2502 CAD 12/15/2025 9:52:00 AM
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Req. No. 2502 Page 3Every fact on this page links to its source, starting with the official bill record.