Oklahoma 2024 2024 Regular Session

Oklahoma Senate Bill SB1510 Amended / Bill

Filed 02/12/2024

                     
 
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SENATE FLOOR VERSION 
February 8, 2024 
 
 
SENATE BILL NO. 1510 	By: Hall and Boren 
 
 
 
 
 
An Act relating to the Energy Discrimination 
Elimination Act of 2022; amending Section 5, Chapter 
231, O.S.L. 2022 (74 O.S. Supp. 2023, Section 12005), 
which relates to municipal and state a gency 
contracts; deleting definition; modifying application 
of certain contract requirements; updating statutory 
reference; and declaring an emergency . 
 
 
 
 
 
BE IT ENACTED BY THE PEOPLE OF THE ST ATE OF OKLAHOMA: 
SECTION 1.     AMENDATORY     Section 5, Chapter 231, O.S.L. 
2022 (74 O.S. Supp. 2023, Section 12005), is amended to read as 
follows: 
Section 12005. A.  As used in this section only of th e Energy 
Discrimination Elimination Act of 2022, “governmental entity” means 
a state agency or political subdivision of this state. 
B. 1. Except for paragraph 4 of this subsection as provided in 
subsection B of this section, this section applies only to a 
contract that: 
a. is between a governmental entity state agency and a 
company with ten or more full-time employees, and   
 
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b. will pay a company provides terms for payment of One 
Hundred Thousand Dollars ($100,000.00) or more over 
the term of the contract by a state agency to a 
company that is to be paid wholly or par tly from 
public funds of the governmental entity state agency; 
provided, however, the provisions of this paragraph 
shall apply separately to all companies in a multiple 
party contract. 
2.  Except as provided by paragraph 4 of this subsection B of 
this section, a governmental entity state agency shall not enter 
into a contract with a company for goods or services unless the 
contract contains a written verification from the company that it: 
a. does not boycott energy companies, and 
b. will not boycott energy companies during the term of 
the contract. 
3.  Except as provided by paragraph 4 of this subsection B of 
this section, a governmental entity state agency shall not enter 
into a contract for goods or services with a listed financial 
company under Section 3 of this act 12003 of this title. 
4. B. Paragraphs 2 and 3 of this subsection A of this section 
shall not apply to: 
a. a governmental entity 1. A state agency that determines the 
requirements of paragraphs 2 or 3 of this subsection A of this 
section are inconsistent with the governmental entity’s   
 
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constitutional or statutory duties of the agency related to the 
issuance, incurrence, or management of debt obligations or t he 
deposit, custody, management, borrowing, or investmen t of funds, 
and; or 
b. a 2. A contract for which that a governmental body state 
agency determines the supplies or services to be provided are not 
otherwise reasonably a vailable from a company that is not a listed 
financial company under Section 3 of this act 12003 of this title. 
SECTION 2.  It being immediately necessary for the preservation 
of the public peace, health or safety, an emergency is hereby 
declared to exist, by reason whereof this act shal l take effect and 
be in full force from and after its passage and approval. 
COMMITTEE REPORT BY: COMMITTEE ON ENERGY AND TELECOMMUNICATIONS 
February 8, 2024 - DO PASS