Bill No. 1415 amends the Oklahoma Antitrust Reform Act by introducing new provisions regarding the accrual of causes of action and the enforcement of penalties. It specifies that individuals injured, either directly or indirectly, by violations of the act can seek injunctive relief and monetary damages, with the Attorney General authorized to bring civil actions on behalf of the state or affected individuals. The bill establishes that a cause of action accrues when the circumstances are discovered or should have been discovered, or on the date of the last act in a series of violations. Additionally, it clarifies that any action to recover damages must be initiated within four years of the claim's accrual.

Furthermore, the bill introduces a civil penalty framework, allowing the Attorney General to seek penalties for violations of the act, with fines not exceeding $1,000,000 per violation payable to the General Revenue Fund. The court is tasked with determining the penalty amount based on various factors, including the nature of the violation and its impact on consumers. The bill also maintains existing criminal penalties for violations, with the Attorney General or district attorneys empowered to enforce these provisions. The act is set to take effect on November 1, 2025.