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Oklahoma Legislature· SB 1501CR; Do Pass, amended by committee substitute Health and Human Services Oversight Committee

An act relating to medical marijuana bonds, 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

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2                  2nd Session of the 60th Legislature (2026)

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3 SENATE BILL 1501              By: Jech
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6                   AS INTRODUCED

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7   An Act relating to medical marijuana bonds; amending

7   Section 2, Chapter 41, O.S.L. 2023 (63 O.S. Supp.

8   2025, Section 427.26), which relates to bond required

8   for land used in commercial growing operations;

9   defining term; allowing the Oklahoma Medical

9   Marijuana Authority to recall certain bonds;

10  requiring the Authority to provide certain notice to

10  certain law enforcement in certain situations;

11  requiring the Authority to keep certain bond

11  information for certain period of time; requiring the

12  Authority to promulgate certain rules; updating

12  statutory reference; and providing an effective date.

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15 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
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16  SECTION 1.      AMENDATORY  Section 2, Chapter 41, O.S.L. 2023

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17 (63 O.S. Supp. 2025, Section 427.26), is amended to read as follows:
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18  Section 427.26. A. For the purpose of this section,

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19 "reclamation" means returning the land to a marketable condition.
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20  B. It shall be unlawful for any holder of a medical marijuana

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21 business license pursuant to Section 427.14 of Title 63 of the
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22 Oklahoma Statutes this title to engage in any commercial growing
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23 operations in this state without acquiring a bond. The bond shall
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24 cover that area of land within the permit area upon which the
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    Req. No. 3015                                              Page 1
1 business licensee will initiate and conduct commercial growing
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2 operations.
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3   B. C. Every applicant for a commercial grower license or

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4 commercial grower licensee shall file with the Oklahoma Medical
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5 Marijuana Authority a bond satisfactory to the Authority and in the
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6 amount no less than Fifty Thousand Dollars ($50,000.00) for each
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7 license sought or held, with a surety company qualified to do
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8 business in this state as a surety. The bond shall be furnished to
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9 the state for the use of the state pursuant to the provisions of
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10 this act section and Section 427.14 of this title. The bond shall
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11 be conditional that the obligor will comply with the provisions of
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12 this act section and Section 427.14 of this title including, but not
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13 limited to, building codes, administrative rules, and other relevant
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14 laws, and all rules and regulations made pursuant to this act
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15 section and Section 427.14 of this title and will pay all amounts of
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16 money that may be due to the state during the time such bond is in
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17 effect.
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18  C. D. The Authority or the Department of Environmental Quality

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19 may require a higher amount depending upon the reclamation
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20 requirements of the approved application. The amount shall reflect
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21 the probable difficulty of reclamation with consideration for such
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22 factors including, but not limited to, topography, hydrology, and
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23 revegetation potential. The amount of the bond for a commercial
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24 growing operation shall be sufficient to assure the completion of
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    Req. No. 3015                                              Page 2
1 the reclamation plan if the work has to be performed by the
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2 Authority or the Department of Environmental Quality in the event of
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3 revocation of license.
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4   D. An appropriate agency E. The Authority may recall the bond

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5 if the property has been abandoned, the Authority revokes the
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6 commercial growing operation's license, or in response to receiving
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7 notice of a violation of any law, regulation, policy, or ordinance
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8 necessitating remedial action. The bond shall be used to defray the
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9 cost of restoration of the property including, but not limited to,
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10 removing equipment, destruction of waste, remediation of
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11 environmental hazards, prohibiting public access, addressing
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12 improperly coded buildings, or determination of the final
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13 disposition of any seized property.
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14  E. F. A holder of a medical marijuana business license pursuant

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15 to Section 427.14 of Title 63 of the Oklahoma Statutes this title
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16 engaging in a commercial growing operation may operate without
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17 obtaining a bond upon verification by the Authority that the
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18 permitted land on which the licensee operates the commercial growing
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19 operation has been owned by the licensee for at least a five-year
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20 period prior to submission of application.
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21  G. Upon the expiration of a medical marijuana business license,

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22 the Authority shall provide notice to all law enforcement agencies
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23 in the local jurisdiction of such expiration.
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    Req. No. 3015                                              Page 3
1   H. The Authority shall keep record of all bond statuses for

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2 each licensee for a period not less than two (2) years.
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3   I. The Authority shall promulgate rules necessary to enact the

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4 provisions of this section.
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5   SECTION 2. This act shall become effective November 1, 2026.

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7   60-2-3015      CAD         1/9/2026 4:34:58 PM

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    Req. No. 3015                                          Page 4
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