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HB1501 • 2026

Insurance; limiting certain compensation; prohibiting public adjusters from certain awards; effective date.

Insurance; limiting certain compensation; prohibiting public adjusters from certain awards; effective date.

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Chapman
Last action
2025-05-06
Official status
Becomes law without Governor's signature 05/06/2025
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Insurance; limiting certain compensation; prohibiting public adjusters from certain awards; effective date.

Insurance; limiting certain compensation; prohibiting public adjusters from certain awards; effective date.

What This Bill Does

  • Insurance; limiting certain compensation; prohibiting public adjusters from certain awards; effective date.
  • Bill Summaries/Fiscal Impact for HB 1501 (House): Introduced (2/17/2025)

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-05-06 House

    Becomes law without Governor's signature 05/06/2025

  2. 2025-04-29 House

    Enrolled, signed, to Senate

  3. 2025-04-29 Senate

    Enrolled measure signed, returned to House

  4. 2025-04-29 House

    Sent to Governor

  5. 2025-04-28 Senate

    General Order, Considered

  6. 2025-04-28 Senate

    Measure passed: Ayes: 44 Nays: 0

  7. 2025-04-28 Senate

    Engrossed measure signed, returned to House

  8. 2025-04-28 House

    Referred for enrollment

  9. 2025-04-22 Senate

    Placed on General Order

  10. 2025-04-17 Senate

    Reported Do Pass Business and Insurance committee; CR filed

  11. 2025-04-01 Senate

    Second Reading referred to Business and Insurance

  12. 2025-03-25 House

    Engrossed, signed, to Senate

  13. 2025-03-25 Senate

    First Reading

  14. 2025-03-24 House

    General Order

  15. 2025-03-24 House

    Coauthored by Representative(s) Provenzano

  16. 2025-03-24 House

    Third Reading, Measure passed: Ayes: 89 Nays: 0

  17. 2025-03-24 House

    Referred for engrossment

  18. 2025-03-06 House

    CR; Do Pass Commerce and Economic Development Oversight Committee

  19. 2025-03-06 House

    Authored by Senator Reinhardt (principal Senate author)

  20. 2025-02-24 House

    Policy recommendation to the Commerce and Economic Development Oversight committee; Do Pass Insurance

  21. 2025-02-24 House

    Coauthored by Representative(s) Tedford

  22. 2025-02-12 House

    Withdrawn from Rules Committee

  23. 2025-02-12 House

    Referred to Commerce and Economic Development Oversight

  24. 2025-02-12 House

    Referred to Insurance

  25. 2025-02-04 House

    Second Reading referred to Rules

  26. 2025-02-04 House

    Remove Representative Tedford as principal House author and substitute with Representative Chapman

  27. 2025-02-03 House

    First Reading

  28. 2025-02-03 House

    Authored by Representative Tedford

Official Summary Text

Insurance; limiting certain compensation; prohibiting public adjusters from certain awards; effective date.
Bill Summaries/Fiscal Impact for HB 1501 (House): Introduced (2/17/2025)

Current Bill Text

Read the full stored bill text
An Act
ENROLLED HOUSE
BILL NO. 1501 By: Chapman, Tedford, and
Provenzano of the House

and

Reinhardt of the Senate

An Act relating to insurance; providing limitations
on the amount of commissions payable to a public
insurance adjuster; providing for codification; and
providing an effective date.

SUBJECT: Insurance

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 6224 of Title 36, unless there
is created a duplication in numbering, reads as follows:

Under any method of compensation, the total commission payable
to a public insurance adjuster, including expenses, direct costs, or
any other costs accrued by the public insurance adjuster, shall not
exceed ten percent (10%) of the amount of the insurance settlement
when adjusting for entities subject to The Governmental Tort Claims
Act, Section 151 et seq. of Title 51 of the Oklahoma Statutes.

SECTION 2. This act shall become effective November 1, 2025.

ENR. H. B. NO. 1501 Page 2
Passed the House of Representatives the 24th day of March, 2025.

Presiding Officer of the House
of Representatives

Passed the Senate the 28th day of April, 2025.

Presiding Officer of the Senate

OFFICE OF THE GOVERNOR
Received by the Office of the Governor this ____________________
day of ___________________, 20_______, at _______ o'clock _______ M.
By: _________________________________
Approved by the Governor of the State of Oklahoma this _________
day of ___________________, 20_______, at _______ o'clock _______ M.

_________________________________
Governor of the State of Oklahoma

OFFICE OF THE SECRETARY OF STATE
Received by the Office of the Secretary of State this __________
day of ___________________, 20_______, at _______ o'clock _______ M.
By: _________________________________

ENR. H. B. NO. 1501 Page 3