The Oklahoma Motor Vehicle Consumer Protection Act establishes new regulations regarding motor vehicle repair costs, specifically focusing on administrative charges and storage rates. The bill defines key terms such as "administrative charges," "auto body repair," and "storage rates," and sets a maximum hourly market rate for labor related to total loss vehicles, which can be adjusted annually for inflation by the Insurance Commissioner. Administrative charges are limited to a maximum of four hours and must not exceed the established hourly market rate.

Additionally, the Act outlines maximum daily storage rates for vehicles in auto body repair shops, with specific rates for standard vehicles and those with lithium-ion batteries. The initial storage rate is set at $39 for the first ten days, increasing to $75 after that period, contingent upon timely communication with insurance companies regarding total loss determinations. The bill also mandates that auto body repair shops provide written invoices within eight business hours and allows for adjustments to storage rates based on market conditions, with the Oklahoma Insurance Department responsible for implementing necessary rules. The Act is set to take effect on November 1, 2025.