HB2922 HFLR 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 HOUSE OF REPRESENTATIVES - FLOOR VERSION STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) COMMITTEE SUBSTITUTE FOR HOUSE BILL NO. 2922 By: Pittman COMMITTEE SUBSTITUTE An Act relating to professions and occupations; modifying the Oklahoma Administrative Code; modifying requirements for funeral establishment vendor payment rules; providing for codification; and providing an 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 397 of Title 59, unless there is created a duplication in numbering, reads as follows: This section shall modify the Oklahoma Administrative Code Section 235:10-11-1 by the following provisions: 1. Penalties for vendor payments may only be imposed after a formal court judgment; 2. Penalties may only be imposed on funeral establishments and may not be imposed against the Funeral Director in Charge; HB2922 HFLR 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 3. These rules are only applicable to active funeral establishments; 4. All funeral establishments must be in compliance with federal bankruptcy laws; and 5. All cash payments made in advance must meet the requirements of consumer fund receipts. SECTION 2. This act shall become effective November 1, 2025. COMMITTEE REPORT BY: COMMITTEE ON GOVERNMENT OVERSIGHT, dated 03/10/2025 - DO PASS, As Amended.