Oklahoma legislation · 2026 Regular Session
Oklahoma HB4193: State procurement; Procurement Protection Act of 2026; prohibiting certain entities from entering into contracts with certain companies; disclosure statements; penalties; exceptions; effective date.
Status: In committee, March 3, 2026
What the bill says
An Act relating to state procurement; creating the Procurement Protection Act of 2026; defining terms; 1122 prohibiting certain entities from entering into contracts with certain companies; requiring certain 1133 disclosure statements; providing penalties; providing exceptions to certain prohibitions; providing for 1144 noncodification; providing for codification; and providing an effective date. 1188.
From the engrossed text, March 5, 2026:
An Act relating to state procurement; creating the Procurement Protection Act of 2026; defining terms; 1122 prohibiting certain entities from entering into contracts with certain companies; requiring certain 1133 disclosure statements; providing penalties; providing exceptions to certain prohibitions; providing for 1144 noncodification; providing for codification; and providing an effective date. 1188 BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: 1199 SECTION 1. NEW LAW A new section of law not to be 2200 codified in the Oklahoma Statutes reads as follows: 2211 This act shall be known and may be cited as the "Procurement 2222 Protection Act of 2026". HB4193 HFLR Page BOLD FACE denotes Committee Amendments. SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 85.59 of Title 74, unless there is created a duplication in numbering, reads as follows: As used in this act: 1. "Company" means any sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, limited liability company, or other entity or business association, including all wholly owned subsidiaries, majority-owned subsidiaries, parent 1100 companies, or affiliates of such entities or business associations 1111 that exist for the purpose of making profit; 1122 2. "Control" means: 1133 a. control as defined in the Investment Company Act of 1144 1940, 15 U.S.C., …