Oklahoma 2025 Regular Session

Oklahoma Senate Bill SB270 Compare Versions

Only one version of the bill is available at this time.

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53	53	STATE OF OKLAHOMA
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55	55	1st Session of the 60th Legislature (2025)
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57	57	SENATE BILL 270 By: Hines
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63	63	AS INTRODUCED
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65	65	An Act relating to central purchasing; requiring
66	66	certain vendors to submit certain information with
67	67	competitive bid for acquisition; provi ding contents
68	68	of verification; directing Office of Management and
69	69	Enterprise Services to conduct annual audit under
70	70	certain circumstance; defining term; providing for
71	71	codification; and providing an effective date .
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77	77	BE IT ENACTED BY THE PEOPLE O F THE STATE OF OKLAHOMA:
78	78	SECTION 1. NEW LAW A new sect ion of law to be codified
79	79	in the Oklahoma Statutes as Section 85.22A of Title 74, unless there
80	80	is created a duplication in numbering, reads as follows:
81	81	A. Any competitive bid su bmitted to this state or contract
82	82	executed by the state for an acquisition under the Oklahoma Central
83	83	Purchasing Act shall contain a written verification that the vendor
84	84	agrees to:
85	85	1. Submit an annual written affidavit to the Office of
86	86	Management and Enterprise Services (OMES) disclosing any financial
87	87	improprieties of individuals e mployed by the vendor as executives,
88	88	officers, or directors, and of any individuals who invest in the
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140	140	vendor. The first affidavit shall be submitted with the bid for an
141	141	acquisition, and subsequent affidavits shall be submitted annually
142	142	on January 1 for each year thereafter ; and
143	143	2. Undergo an annual review of the vendor ’s financial
144	144	information if deemed necessary by OMES.
145	145	B. In the event that an affidavit submitted pursuant to
146	146	paragraph 1 of subsection A of this section affirms the existence of
147	147	financial impropriety within the vendor ’s staff or investors, OMES
148	148	shall conduct an annual review of the vendor ’s financial practices,
149	149	compliance with state regulations, financial integrit y, and any
150	150	other factors as deemed necessary by OMES.
151	151	C. For the purposes of this section, “financial impropriety ”
152	152	means any dishonest, illegal, or unethical activity that can lead to
153	153	a loss of money, including, but not limited to, fraud, corruption,
154	154	money laundering, mismanagement, abuse of authority, theft,
155	155	embezzlement, and brib ery.
156	156	SECTION 2. This act shall become effective November 1, 2025.
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158	158	60-1-677 RD 12/30/2024 8:07:54 PM