SB335 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 ENGROSSED SENATE BILL NO. 335 By: Green of the Senate and Archer of the House COMMITTEE SUBSTITUTE An Act relating to retail electric suppliers; prohibiting certain incentivization by suppliers to customers; providing for codification; providing an effective date; and declaring an emergency. 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 801.10 of Title 17, unless there is created a duplication in numbering, reads as follows: No rate-regulated retail electric supplier, as defined in Section 158.22 of Title 17 of the Oklahoma Statutes, shall offer ratepayer-funded incentives, rebates, or inducements to its customers to promote the switching of fuel sources from natural gas to electricity. SECTION 2. This act shall become effectiv e July 1, 2025. SB335 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 SECTION 3. 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 shall take effect and be in full force from and afte r its passage and approval. COMMITTEE REPORT BY: COMMITTEE ON ENERGY AND NATURAL RESOURCES OVERSIGHT, dated 04/16/2025 - DO PASS, As Amended.