Senate Bill No. 625 amends the Oklahoma Discovery Code to introduce new requirements for the disclosure of commercial litigation funding agreements. The bill mandates that parties must produce these agreements upon request, while also stating that information related to these agreements is not admissible as evidence in court. Additionally, it requires the production of a sworn affidavit certifying the source of funds, specifically whether they come from a foreign state or agency, and whether the producing party is controlled by a foreign adversary. There are provisions for correcting or supplementing this certification if it becomes inaccurate. Notably, consumer litigation funding agreements are exempt from these new requirements.

The bill also establishes new provisions regarding protective orders in court proceedings, requiring that any protective order includes a justification for confidentiality, a clear identification of the protected materials, and mandates that the party obtaining the order properly seals and labels these materials. It outlines the responsibilities of parties and their counsel in managing protective orders and maintaining confidentiality throughout the discovery process. Furthermore, the bill provides definitions related to commercial litigation funding, distinguishing between commercial and consumer funders, and clarifying terms related to foreign adversaries. The amendments are set to take effect on November 1, 2025, following a favorable committee report.