Req. No. 677 Page 1 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 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) SENATE BILL 270 By: Hines AS INTRODUCED An Act relating to central purchasing; requiring certain vendors to submit certain information with competitive bid for acquisition; provi ding contents of verification; directing Office of Management and Enterprise Services to conduct annual audit under certain circumstance; defining term; providing for codification; and providing an effective date . BE IT ENACTED BY THE PEOPLE O F THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new sect ion of law to be codified in the Oklahoma Statutes as Section 85.22A of Title 74, unless there is created a duplication in numbering, reads as follows: A. Any competitive bid su bmitted to this state or contract executed by the state for an acquisition under the Oklahoma Central Purchasing Act shall contain a written verification that the vendor agrees to: 1. Submit an annual written affidavit to the Office of Management and Enterprise Services (OMES) disclosing any financial improprieties of individuals e mployed by the vendor as executives, officers, or directors, and of any individuals who invest in the Req. No. 677 Page 2 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 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 vendor. The first affidavit shall be submitted with the bid for an acquisition, and subsequent affidavits shall be submitted annually on January 1 for each year thereafter ; and 2. Undergo an annual review of the vendor ’s financial information if deemed necessary by OMES. B. In the event that an affidavit submitted pursuant to paragraph 1 of subsection A of this section affirms the existence of financial impropriety within the vendor ’s staff or investors, OMES shall conduct an annual review of the vendor ’s financial practices, compliance with state regulations, financial integrit y, and any other factors as deemed necessary by OMES. C. For the purposes of this section, “financial impropriety ” means any dishonest, illegal, or unethical activity that can lead to a loss of money, including, but not limited to, fraud, corruption, money laundering, mismanagement, abuse of authority, theft, embezzlement, and brib ery. SECTION 2. This act shall become effective November 1, 2025. 60-1-677 RD 12/30/2024 8:07:54 PM