The bill amends 18 O.S. 2021, Section 1142, which pertains to filing fees associated with the Office of the Secretary of State in Oklahoma. A significant change is the transfer of the responsibility for collecting and enforcing the registered agent fee from the Oklahoma Tax Commission to the Secretary of State. The bill specifies that the fee for acting as a registered agent is set at One Hundred Dollars ($100.00) and must be paid annually by July 1st. If the fee is not paid by September 1st, the Secretary of State is authorized to suspend and forfeit the charter of the delinquent corporation.

Additionally, the bill outlines various fees for services performed by the Secretary of State, including fees for filing documents, issuing certificates, and conducting record searches. It also clarifies that all fees collected will be deposited into the General Revenue Fund, and it establishes guidelines for payment methods, including the acceptance of credit cards with a convenience fee. The act is set to take effect on November 1, 2025.