Senate Bill No. 436 amends the Oklahoma Consumer Protection Act by modifying certain exemptions outlined in 15 O.S. 2021, Section 754. The bill clarifies that the Act does not apply to publishers, broadcasters, printers, or others when they disseminate information on behalf of others without knowledge of its unlawful nature. Additionally, it revises the exemption related to actions or transactions previously described as "regulated" to now be "required or authorized" under specific laws or regulations administered by the Corporation Commission or other regulatory bodies. This change aims to provide clearer guidance on the applicability of the Consumer Protection Act in these contexts.
Furthermore, the bill maintains the exemption for the collection of gross receipts tax on mixed beverages, sales tax, or use tax, as well as for any asserted injuries or damages related to these taxes that have been remitted to the appropriate governmental authority. The effective date for this act is set for November 1, 2025.