Oklahoma 2023 Regular Session

Oklahoma Senate Bill SB118 Latest Draft

Bill / Amended Version Filed 03/02/2023

                             
 
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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;   
 
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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,   
 
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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.   
 
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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:   
 
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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.   
 
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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:   
 
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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   
 
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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   
 
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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   
 
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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:   
 
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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   
 
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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:   
 
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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.   
 
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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:   
 
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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   
 
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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   
 
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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.   
 
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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   
 
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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;   
 
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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:   
 
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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.   
 
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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.   
 
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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   
 
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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   
 
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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