Senate Bill No. 660, known as the Oklahoma Foreign Agents Registration Act, aims to enhance transparency regarding the activities of agents representing foreign principals from countries of particular concern. The bill establishes definitions for key terms and requires these agents to register with the Attorney General, filing a comprehensive registration statement that details their business activities, affiliations, and financial transactions. It mandates that agents update their registration statements every six months and notify the Attorney General of any changes within ten days. The legislation also specifies exemptions from registration, outlines the responsibilities of the Attorney General in enforcing compliance, and emphasizes the importance of accurate reporting.

Furthermore, the bill introduces penalties for willful violations, including fines and imprisonment, and allows the Attorney General to enforce compliance through injunctions. It requires the Attorney General to report biannually to the Legislature on the act's administration and provides for the establishment of necessary rules and forms for implementation. The act is set to take effect on November 1, 2025, and includes provisions for agents to file retroactive registration statements if they have acted in this capacity since January 1, 2014. Overall, the Oklahoma Foreign Agents Registration Act seeks to regulate foreign influence in state politics and ensure accountability among those acting on behalf of foreign interests.