The bill establishes business court divisions within Oklahoma's district courts in counties with populations over 500,000, creating a structured process for appointing business court judges. These judges, appointed by the Governor, must meet specific qualifications, including being at least 35 years old, a U.S. citizen, and a licensed attorney with a minimum of ten years of relevant legal experience. They will serve six-year terms and may be reappointed. The jurisdiction of these courts will encompass complex commercial litigation and other business-related cases, with a minimum amount in controversy set at $250,000 for general claims and $500,000 for complex cases.

Additionally, the bill amends existing statutes to align the salaries of business court judges with those of U.S. district court judges and introduces a secretary-bailiff role. It outlines procedures for case transfers between district courts and business courts, ensuring that cases can be filed in the appropriate venue and allowing for timely resolutions. Non-jury trials in business courts are mandated to be resolved within twelve months of filing, with the possibility of extension upon mutual agreement. The act is set to take effect on July 1, 2026, aiming to enhance the efficiency of handling business disputes in Oklahoma's judicial system.

Statutes affected:
Introduced: 20-125