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 either 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 empowers the Attorney General to impose civil penalties for violations of the Oklahoma Antitrust Reform Act, with penalties not exceeding $1,000,000 per violation. The court will consider various factors, such as the nature of the violation and the number of consumers affected, when determining the penalty amount. The bill also maintains existing provisions regarding criminal penalties for violations, ensuring that violators may face significant fines and potential incarceration. The act is set to take effect on November 1, 2025.