SENATE FLOOR VERSION - SB118 SFLR Page 1 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 SENATE FLOOR VERSION March 1, 2023 SENATE BILL NO. 118 By: Bergstrom [ industry regulation - program - Commission - recommendations - consultations - application - agreement - denial - rules - demonstration - disclosure - records - report - participation - codification - effective date ] BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 802 of Title 40, unless there is created a duplication in numbering, reads as follows: As used in this act: 1. “Applicable agency” means a department or agency of the state that by law regulates a business acti vity and person engage d in such business activity including the issuances of licenses or other types of authorization, which the office determines would otherwise regulate a participant; SENATE FLOOR VERSION - SB118 SFLR Page 2 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2. “Applicant” means a person that purcha ses or otherwise enters into a transaction or ag reement to receive an offering pursuant to a demonstration by a participant; 3. “Commission” means the General Regulatory Business Program Advisory Commission; 4. “Commissioner” means the Commissioner of Labor; 5. “Consumer” means a person that purchases or otherwise enters into a transaction or agreement to receive an offering pursuant to a demonstration by a participant; 6. “Demonstrate” or “demonstration” means to temporarily provide an offering in accordance with the provisions of this act; 7. “Director” means the Director of the General Regulatory Business Relief Office; 8. “Innovation” means the use or incorporation of a new idea, a new or emerging technology, or a new use of existing technology to address a problem, provide a benefit, or otherwise offer a product, production method, o r service; 9. “Innovative offering” means an offering that includes an innovation; 10. “Participant” means a person whose appli cation to participate in the General Regulatory Business Program is in accordance with the provisions of this act; 11. “Product” means a commercially distributed good th at is: a. tangibly personal property, SENATE FLOOR VERSION - SB118 SFLR Page 3 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 b. the result of a production process, and c. passed through the distribution channel before consumption; 12. “Production” means the method or process of creating or obtaining a good, which may include assembling, bre eding, capturing, collecting, extracting, fabricating, farming, fishing, gathering, growing, harvesting, hunting, manufacturing, mining, processing, raising, or trapping a g ood; 13. “Program” means the General Regulatory Business Program created in Section 5 of this act, which allows a per son to temporarily demonstrate an offering under a waiver or suspension of one or more state laws and regulation ; 14. “Regulatory relief office” means the General Regulatory Business Relief Office created in Section 2 of this act; and 15. “Service” means any commercial activity, duty, or labor performed for another person. SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Sec tion 802.1 of Title 40, unless there is created a duplication in numbering, reads as follows: A. There is created with in the Department of Labor the General Regulatory Business Relief Office. B. 1. The regulatory relief office shall be administered by the Director of the General Regulatory Business Relief Office. SENATE FLOOR VERSION - SB118 SFLR Page 4 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2. The Director shall report to the Commissioner of Labor and may appoint staff subject to the approval of the Commissioner. C. The regulatory relief office shall: 1. Administer the provisions of this act; 2. Administer the General Regulatory Business Program; and 3. Act as a liaison between private businesse s and applicable agencies to identify state laws or agency rules that could potentially be repealed or suspended under the Program. D. The regulatory relief office may: 1. Review state laws and regulations that may un necessarily inhibit the creation and success of new c ompanies or industries and provide recommendations to the Governor and the Legislature on modifying such laws and regulat ions; 2. Create a framework for analyzing the risk level to the health, safety, and financial well -being of consumers related to permanently removing or temporarily suspending laws and agency rules inhibiting the creation or success of new and existing co mpanies or industries; 3. Propose potential reciprocity agreements between states that use or are proposing to use similar programs as described in this act; and 4. In accordance with administrative rules and this act, establish rules regarding: SENATE FLOOR VERSION - SB118 SFLR Page 5 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 a. administrating this act including making rules regarding application process and the reporting requirements of participants, and b. cooperating and consulting with other agencies in this state that administer business programs. SECTION 3. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 802.2 of Title 40, unless there is created a duplication in numbering, reads as follows: A. There is hereby created the General Regulatory Business Program Advisory Commissi on. B. The Commission shall consist of eleven (11) members to be appointed and serve as f ollows: 1. Six members appointed by the Director of the General Regulatory Business Relief Office who represent business interests and are selected from a variety of industries; 2. Three members appointed by the Director who represent state agencies that regulate business; 3. One member of the Senate, appointed by the President Pro Tempore of the Senate; and 4. One member of the House of Representatives, appointed by the Speaker of the House of Representatives. C. 1. Except as otherwise provided in paragraph 2 of this subsection, members of the Commission who are not members of the Legislature shall be appointed to four -year terms. SENATE FLOOR VERSION - SB118 SFLR Page 6 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2. The Director may adjust the length of terms of appointments and reappointments to the Commission so the majority of members are appointed every two years. D. The Director shal l appoint a chair for the Commission annually. E. A majority of the Commission shall constitute a quorum for purposes of conducting the business of the Commission, and the actions of the majority shall constitute the actions of the Commission. F. The Commission shall advise and make recommendations to the regulatory relief office as described in this act. G. The regulatory relief office shall provide administrative staff support for the Commission. H. Members shall not receive a salary for duties performed as members of the Commission but shall be reimbursed for their actual and necessary expenses incurred in the performance of Commission duties pursuant to the provisions of the State Travel Reimbursement Act. I. The Commission shall be subject to the Oklahoma Open Meeting Act and the Oklahoma Open Records Act. SECTION 4. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 802.3 of Title 40, unless there is created a duplication in numbering, reads as follows: SENATE FLOOR VERSION - SB118 SFLR Page 7 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 A. The Director of the General Regulatory Business Relief Office shall prepare a report on the activities of the General Regulatory Business Relief Office, which shall include: 1. Information regarding each participant in the General Regulatory Business P rogram created in this act including which industries each participant represents and the anticipated or actual cost savings that each participant experienced; 2. Recommendations regarding any laws or agency rules that should be permanently amended; 3. Information regarding outcomes for consumers; and 4. Recommendations for changes to the Program or other duties of the regulatory relief office. B. By October 1 of each year, the Director shall provide the report to the Legislature. SECTION 5. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 802.4 of Title 40, unless there is created a duplication in numbering, reads as follows: A. There is hereby created in the General Regulatory Business Relief Office the General Regulatory Business Program. B. In administering th e Program, the regulatory relief office: 1. Shall consult with each applicable agency; 2. Shall establish a program to enable a person to o btain legal protections and limited access to the market in this state to SENATE FLOOR VERSION - SB118 SFLR Page 8 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 demonstrate an innovative offering without obtaining a license or other authorization that might otherwise be required; 3. May enter into agreements with or adopt the best practices of corresponding federal regulatory agencies or other states that are administering similar programs; and 4. May consult with business es in this state about existing or potential proposals for the Program. C. 1. An applicant for the Program may contact the regulatory relief office to request a consultation regarding the Program before submitting an application. 2. The regulatory relief office may provide assistance to an applicant in preparing an application for submission. D. An applicant for the Program shall provide the regulatory relief office an application in a form prescrib ed by the regulatory relief office that: 1. Confirms the applican t is subject to the jurisdiction of this state; 2. Confirms the applicant has established a physical or virtual location in this state, from which the d emonstration of an innovative offering will be developed and performed and where all required records, documents, and data will be maintained; 3. Contains relevant personal and contact information for th e applicant including legal names, addresses, telephone numbers, email SENATE FLOOR VERSION - SB118 SFLR Page 9 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 addresses, website addresses, and other information required by the regulatory relief office; 4. Discloses criminal convictions of the applicant or other participating personnel, if any; 5. Contains a description of the innovative offering to be demonstrated including statements regarding: a. how the offering is subject to licensing, legal prohibition, or other authorization requirements outside of the Program, b. each law or rule that that the applicant seeks to have waived or suspended while participating in the Program, c. how the offering would benefit cons umers, d. how the offering is different from other offerings available in this state, e. what risks may exist for consumers who use or p urchase the offering, f. how participating in the Program would enable a successful demonstration of the off ering, g. a description of the proposed demonstration plan including estimated time periods for beginning and ending the demonstration, h. recognition that the applicant will be subject to all laws and agency rules pertaining to the applicant’s SENATE FLOOR VERSION - SB118 SFLR Page 10 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 offering after the conclusion of the demonstration, and i. how the applicant shall end the demonstration and protect consumers if the demonstration fails; 6. Lists each gover nment agency, if any, that the applicant knows regulates the applicant’s business; and 7. Provides any other required information as determined by the regulatory relief office. E. The regulatory relief office may collect an application fee from an applicant set in administrative rules by the Department of Labor. F. An applicant shall file a separate application fo r each innovative offering that the applicant wishes to demonstrate. G. After an application is filed, the regulatory relief office: 1. Shall classify the application and any related information provided by the applicant as confidential; 2. Consult with each applicable g overnment agency that regulates the applicant’s business regarding whether more information is needed from the app licant; and 3. Seek additional informat ion from the applicant that the regulatory relief office determines is necessary. H. No later than fi ve (5) business days after the day on which a completed application is received, the regulatory relief office shall: SENATE FLOOR VERSION - SB118 SFLR Page 11 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1. Review the application an d refer the application to each applicable government agency tha t regulates the applicant’s business; and 2. Provide to the applicant: a. an acknowledgement of receipt of the application, and b. the identity and contact information of each regulatory agency to which the application h as been referred for review. I. 1. Subject to paragraphs 3 and 7 of this subsection, no later than thirty (30) days after the applicable agency receives a completed application for re view, the applicable agency shall provide a written report to the Director of the applicable agency’s findings. 2. The report shall: a. describe any identifiable, likely, and significant harm to the health, safety, or financial wellbeing of consumers that the relevant law or rule protects against, and b. make a recommendation to the re gulatory relief office that the applicant either be admitted or denied entrance into the Program. 3. a. the applicable agency may request an additional five (5) business days to deliver the writ ten report by SENATE FLOOR VERSION - SB118 SFLR Page 12 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 providing notice to the Director, which request shall automatically be granted, and b. the applicable agency may only request one extension per application. 4. If the applicable agency recommends an applicant under this section be denied entra nce into the Program, the written report shall include a description of the reasons for the recommendation including why a temporary waiver or suspension of the relevant laws or agency rules would potentially significantly harm the health, safety, or financial wellbeing of consumers or the public and the likelihood of such harm occurring. 5. If the agency determines that the consumer’s or public’s health, safety, or financial wellbeing can be protected through less restrictive means than the existing relev ant laws or agency rules, then the applicable agency shall pro vide a recommendation of how that may be achieved. 6. If an applicable agency fails to deliver a written r eport pursuant to this subsection, the Director shall assume the applicable agency does no t object to the temporary waiver or suspension of the relevant laws or agency rules for an applicant seeking to participate in the Program. 7. Notwithstanding any ot her provisions of this section, an applicable agency may by written notice to the regulator y relief office: SENATE FLOOR VERSION - SB118 SFLR Page 13 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 a. within the thirty (3 0) days after the applicable agency receives a complete d application for review, or within thirty-five (35) days if an extension has been requested by the applicable agency, reject an application if the applicable ag ency determines, in the applicable agency ’s sole discretion, t hat the applicant’s offering fails to co mply with standards or specifications: (1) required by federal law or rule, or (2) previously approved for use by a federal agency, or b. reject an application preliminarily approved by the regulatory relief office, if the applicable agency: (1) recommended rejection of the application in accordance with paragraph 4 of this subsection in the agency’s report, and (2) provides in the written notice under paragraph 4 of this subsection, a description o f the applicable agency’s reasons why approval of the application would create a su bstantial risk of harm to the health or safety of the public or create unreasonable expenses for taxpayers of this state. SENATE FLOOR VERSION - SB118 SFLR Page 14 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 8. If an applicable agency rejects an application under paragraph 7 of this subsection, the regulatory relief office shall not approve the application. J. 1. Upon receiving a written report described in subsection I of this section, the Director shall provide t he application and the written report to the Commission. 2. The Director may call the Commission to meet as needed, but not less than once per quarter if applications are available for review. 3. After receiving and reviewing the application and each written report, the Commission shall provid e to the Director the Commission’s recommendation as to whether or not the applicant should be admitted as a participant under this act. 4. As part of the Commission’s review of each written report, the Commission shall use the criteria required for an applicable agency as prescribed in subsection I of this section. K. 1. In reviewing an application and each applicable agency ’s written report, the regulatory relief office shall consult with each applicable agency and the Commission before admitting an applicant into the Program. 2. The consultation with e ach applicable agency and the consultation with the Commission may include seeking information about whether: SENATE FLOOR VERSION - SB118 SFLR Page 15 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 a. the applicable agency has previously issued a license or other authorization to the applicant, and b. the applicable agency has previously inve stigated, sanctioned, or pursue d legal action against the applicant. L. In reviewing an application under this section, the regulatory relief office and applica ble agency shall consider whether a competitor to the applicant is or has been a participant and, if so, weigh that as a factor in favor of allowing the applicant to also become a participant. M. In reviewing an application under this section, the regulatory relief office shall consider whether : 1. The applicant’s plan will adequately protect consumers from potential harm identified by an applicable agency in the applicable agency’s written report; 2. The risk of harm to consumers is outweighed by the potential benefits to consumers from the applican t’s participation in the Program; and 3. Certain state laws or agency rules that regulate an offering should not be waived or suspended even if the applicant is approved as a participant including applicable antifraud or disclosure provisions. N. 1. An applicant becomes a participant if the regulatory relief office approves the appl ication for the Program and enters SENATE FLOOR VERSION - SB118 SFLR Page 16 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 into a written agreement with the applicant describing the specific laws or agency rules that are waived or suspended as part of participation in the Program. 2. Notwithstanding any other provisions of this act, the regulatory relief office may not enter into a written agreement with an applicant that waives or suspends a tax, fee, or charges t hat are administered by the Oklahoma Tax Commission. O. 1. The Director may deny at the Director ’s sole discretion any application submitted under this section for any reason including if the Director determines that the preponderance of evidence demonstrates that suspending or waiving enforcement of a law or rule would cause a significant risk or harm to consumers or residents of this state. 2. If the Director denies an application submitted under this section, the regulatory relief office shall provide to the applicant a written description of the reasons for not al lowing the applicant to be a participant. 3. The denial of an application submitted under this section is not subject to: a. agency or judicial review, or b. the provisions of the Administrative Procedures Act. P. The Director shall deny an app lication for participation in the Program described in this section if the applicant or any person who seeks to participate with the applicant in demonstrating an SENATE FLOOR VERSION - SB118 SFLR Page 17 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 offering has been convicted, entered a plea of nolo contendere, or entered a plea of guilty for any crime involving significant theft, fraud, or dishonesty if the crime bears a significant relationship to the applicant’s or other participant’s ability to safely and competently participate in the Program. Q. When an applicant is approved f or participation in the Program, the Director may provide notice of the approval to competitors of the applicant and the p ublic. SECTION 6. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 802.5 of Title 40, unless there is created a duplication in numbering, reads as follows: A. If the General Regulatory Business Relief Office approves an application under this section, the participant has twelve (12) months after approval to demonstrate the offering described in the participant’s application. B. An offering that is demonstrated within the General Regulatory Business Program is subject to the following: 1. Each consumer shall be a resident of this state; and 2. No law or rule may be waived or suspended if waiving or suspending the law or rule would prevent a consumer from seeking restitution in the event that the consumer is harmed. C. This section does not restrict a participant who holds a license or other authorization in another ju risdiction from acting in accordance with that license or other authorization. SENATE FLOOR VERSION - SB118 SFLR Page 18 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 D. A participant is deemed to possess an appropriate license or other authorization under the laws of this sta te for the purposes of any provision of federa l law requiring licensure or other authorization by the s tate. E. Except as provided in subsection F of this section, during the demonstration period: 1. A participant is not subject to the enforcement of state laws or agency rules identified in the written agreement betwee n the regulatory relief office and the parti cipant; 2. A prosecutor may not file or pursue charg es pertaining to a law or rule identified in the written agreement between the regulatory relief office and the participant; and 3. A state agency may not file or pursue any punitive action against a participant including a fine or license suspension or revocation, for the violation of a law or rule that is identified as being waived or suspended in the w ritten agreement between the regulatory relief office and the participant. F. Notwithstanding any other provision of this section, a participant shall not have immunity related to any criminal offense committed during the participant’s participation in the Program. G. By written notice, the regulatory re lief office may end a participant’s participation in the Program at any time an d for any reason including if the Director determines that a participant is SENATE FLOOR VERSION - SB118 SFLR Page 19 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 not operating in good faith to bring an innovative offering to the market. H. The regulatory relief office and the regulatory relief office’s employees are not liable for any business los ses or the recouping of application expenses or other expenses related to the Program including for: 1. Denying an applicant’s application to part icipate in the Program, for any reason; and 2. Ending a participant’s participation in the Program at any time and for any reason. SECTION 7. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 802.6 of Title 40, unless there is created a duplication in numbering, reads as follows : A. Before demonstrating an offering to a con sumer, a participant shall disclose the following to the consumer: 1. The name and contact information of the participant; 2. That the offering is authorized pursuant to this act and, if applicable, that the participant does not have a license or other authorization to provide an offering under state laws that regulate an offering outside of the General Regulatory Business Program; 3. That the offering is undergoing testing and may not fu nction as intended and may expose the consumer to c ertain risks as identified by the applicable agency’s written report; SENATE FLOOR VERSION - SB118 SFLR Page 20 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 4. That the provider of the offering is no t immune from civil liability for any losses or damages caused by the offering; 5. That the provider of the offering is not immune from criminal prosecution for violations of state law or agency rules that are not suspended or waived as allowed by the Program; 6. That the offering is a temporary demonstration that may be discounted at the end of the demonstration period; 7. The expected end date of the demonstration period; and 8. That a consumer may cont act the General Regulatory Business Relief Office and file a complaint regarding the o ffering being demonstrated and provide the regulatory re lief office’s telephone number and website addres s where a complaint may be filed. B. The disclosures required by subsection A of this section shall be provided to a consumer in a clear and conspicuous form and, for an Internet or application -based offering, a consumer shall acknowledge receipt of the d isclosure before any transaction may be completed. C. The regulatory relief office may require that a participant make additional disclosures to a con sumer. SECTION 8. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 802.7 of Title 40, unless there is created a duplicat ion in numbering, reads as follows: A. No later than thirty (30) days before the end of the twelve- month demonstration period, a partic ipant shall: SENATE FLOOR VERSION - SB118 SFLR Page 21 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1. Notify the General Regulatory Business Relief Office that the participant shall exit the General Regulatory Business Program and discontinue the participant ’s demonstration afte r the day on which the twelve-month demonstration period ends; or 2. Seek an extension in accordance with Section 9 of this act. B. Except as provided in subsection C of this se ction, if the regulatory relief office does not receive notification as requi red by subsection A of this s ection, the demonstration period shall end at the end of the twelve-month period. C. If a demonstration includes an offering that requires ongoing duties, the participant may continue to do so but will be subject to enforcement of the laws or agency rules that were waived or suspended as part of the Program. SECTION 9. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 802.8 of Title 40, unless there is created a duplication in numbering, reads as follows: A. No later than thirty (30) days before the end of the tw elve- month demonstration period, a pa rticipant may request an extension of the demonstration period. B. The General Regulatory Business Relief Office shall grant or deny a request for an extension in accordance with subsection A of this section by the end of the twelve-month period. SENATE FLOOR VERSION - SB118 SFLR Page 22 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 C. The regulatory relief office may grant an extension for not more than twelve (12) months after the end of th e demonstration period. SECTION 10. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 802.9 of Title 40, unless there is created a duplication in numberi ng, reads as follows: A. A participant shall retain records , documents, and data produced in the ordinary course of business regarding an offering demonstrated in the General Regulatory Business Program. B. If a participant ceases to provide an offer ing before the end of a demonstration period, the participant shall notify the General Regulatory Business Relief Office and each applicable agency and report on actions taken by the participant to ensure consumers have not been harmed as a result. The regulatory relief office shall establish quart erly reporting requirements for a participant including information about any consumer complaints . C. The regulatory relief office may request records, documents, and data from a participant and, upon the regula tory relief office’s request, the participant shall make such records, documents, and data available for inspection by the regulatory relief office. D. 1. The participant shall notify the regulatory relief office and each applicable agency of any incidents that result in harm to the health, safety, or financial wellbeing of a c onsumer. SENATE FLOOR VERSION - SB118 SFLR Page 23 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2. If a participant fails to notify the regulatory relief office and each applicable agency of any incidents as described in paragraph 1 of subsection E of this section, o r the regulatory relief office or an applicable agency has evidence that significant harm to a consumer has occurred, the regulatory relief o ffice may immediately remove the par ticipant from the Program. E. 1. No later than thirty (30) days after the participant exits the Program, the participant shall submit a written report to the regulatory relief office and each applicable agency describing an overview of the participant’s demonstration includ ing any: a. incidents of harm to consumers, b. legal action filed against the participant as a result of the participant’s demonstration, and c. complaints filed with an applicable agency as a result of the participant’s demonstration. 2. No later than thirty (30) days after an applicable agency receives the quarterly reporting described in subsection B of this section or a written report from a participant pursuant to paragraph 1 of subsection E of t his section, the applicable agency shall provide a written report to the regulatory relief office on the demonstration that describes any statutory or rule change the applicable agency recommends as a result of the demonstration. F. The regulatory re lief office may remove a participant from the Program at any time if the regulatory relief office determines SENATE FLOOR VERSION - SB118 SFLR Page 24 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 that a participant has engaged in, is engaging in, or is about to engage in any practice or transaction that is in violation of this act or that constitutes a violation of a law or rule for which suspension or waiver has not been granted. SECTION 11. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 802.10 of Title 40, unless there is created a duplicat ion in numbering, reads as follow s: A. The General Regulatory Business Relief Office shall create and maintain on the Department of Labor’s website a webpage that invites residents and b usinesses in this state to make sugges tions regarding laws and agency rules that could be modified or eliminated to reduce the regulatory burden of residents and businesses in this state. B. On no less than a quarterly basis, the regulatory relief office shall compile the results of the sugge stions from the webpage and provide a written report to the Governor, the President Pro Tempore of the Senate, and the Speaker of the House of Representatives that describes the most common suggestions. C. In creating the report described in s ubsection B of this section, the regulatory relief office and the Commission: 1. Shall ensure the priv ate information of residents and businesses that make sugge stions on the website is not made public; and SENATE FLOOR VERSION - SB118 SFLR Page 25 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2. May evaluate the suggestions and provide analysis and suggestions regarding which state laws and agency rules could be modified or eliminated to reduce the regulatory burden of residents and businesses in this state while still protecting consumers. SECTION 12. This act shall become effective No vember 1, 2023. COMMITTEE REPORT BY: COMMITTEE ON APPROPRIATIONS March 1, 2023 - DO PASS