The bill introduces a new section to the Oklahoma Statutes, specifically Section 6224 of Title 36, which establishes a cap on the total commission that public insurance adjusters can receive. Under this new law, the total commission, including any expenses or costs incurred by the adjuster, is limited to ten percent (10%) of the insurance settlement amount when dealing with entities that fall under The Governmental Tort Claims Act.

Additionally, the bill prohibits public adjusters from receiving certain awards, although specific details on these awards are not provided in the summary. The effective date for this legislation is set for November 1, 2025.