Oklahoma legislation · 2026 Regular Session
Oklahoma SB2132: Credit cards; increasing surcharge limit. Effective date.
Status: In committee, April 8, 2026
What the bill says
An Act relating to credit cards; amending 14A O.S. 2021, Section 2-211, as amended by Section 1, Chapter 410, O.S.L. 2025 (14A O.S. Supp. 2025, Section 2211), which relates to discounts inducing payment by cash, check, or similar means; increasing certain surcharge limit; and providing an effective date.
From the engrossed text, February 19, 2026:
An Act relating to credit cards; amending 14A O.S. 2021, Section 2-211, as amended by Section 1, Chapter 410, O.S.L. 2025 (14A O.S. Supp. 2025, Section 2211), which relates to discounts inducing payment by cash, check, or similar means; increasing certain surcharge limit; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 14A O.S. 2021, Section 2-211, as amended by Section 1, Chapter 410, O.S.L. 2025 (14A O.S. Supp. 2025, Section 2-211), is amended to read as follows: Section 2-211. A. With respect to all sales, service, and lease transactions including, but not limited to, any consumer credit sales transaction, a discount which a seller offers, allows, or otherwise makes available for the purpose of inducing payment by cash, check, debit card, or similar means rather than by use of a credit card shall not constitute a credit service charge as determined under Section 2-109 of this title if the discount is offered to all prospective buyers clearly and conspicuously in accordance with regulations of the Administrator of Consumer Credit. There shall be no limit on the discount that may be offered by the ENGR. S. B. NO. 2132 Page sell er. Pursuant to the regulations of the Administrator, a seller who provides a discount not in accordance with regulations …
Sponsors
- Avery Frix (R)
- Spencer Kern (R, SD-031) · primary sponsor
Latest actions
- : Policy recommendation to the Government Oversight committee; Do Pass Banking, Financial Services and Pensions
- : Referred to Banking, Financial Services and Pensions
- : Second Reading referred to Government Oversight
- : First Reading
- : Engrossed to House
- : Referred for engrossment
- : Measure passed: Ayes: 28 Nays: 17
- : Coauthored by Senator Frix
- : General Order, Considered
- : Placed on General Order
Votes
- Floor Vote (April 7, 2026): 8 yea, 0 nay, passed
- Third Reading (February 18, 2026): 28 yea, 17 nay, failed
- Third Reading (February 18, 2026): 28 yea, 17 nay, passed
- Senate Business & Insurance Committee (February 12, 2026): 10 yea, 0 nay, passed
Subjects: Debtor and Creditor
Common questions
- What is SB2132?
- SB2132 is a bill in the Oklahoma Legislature (2026 Regular Session): Credit cards; increasing surcharge limit. Effective date.
- What does SB2132 do?
- In its own words: An Act relating to credit cards; amending 14A O.S. 2021, Section 2-211, as amended by Section 1, Chapter 410, O.S.L. 2025 (14A O.S. Supp. 2025, Section 2211), which relates to discounts inducing payment by cash, check, or similar means; increasing certain surcharge limit; and providing an effective date.
- What is the status of SB2132?
- In committee as of April 8, 2026. Latest action: Policy recommendation to the Government Oversight committee; Do Pass Banking, Financial Services and Pensions (April 8, 2026).
- Who sponsored SB2132?
- Spencer Kern (R, SD-031), with 1 co-sponsor.
- Where is the official record for SB2132?
- On the Oklahoma Legislature website: https://www.oklegislature.gov/BillInfo.aspx?Bill=SB2132&Session=2600
Source: official Oklahoma record. Tracked by Delilah, AI for legislation across all 50 states and Congress.