This bill amends Section 124 of the Oklahoma Workers Compensation law, primarily focusing on the transfer of assets, records, and financial obligations from the Workers Compensation Court and related entities to the Oklahoma Workers Compensation Commission and other designated boards. It specifies that all unexpended funds, assets, and personnel from the Workers Compensation Court prior to February 1, 2014, will be transferred to the Oklahoma Workers Compensation Commission, ensuring that transferred personnel retain their accrued benefits and that there will be no reduction in force as a result of the transfer. Additionally, the bill updates statutory references and language, including changing "Self-insurance" to "Self-Insurance" in multiple instances.

Furthermore, the bill repeals Section 121, which pertains to the Advisory Council on Workers Compensation, and establishes a new effective date of July 1, 2026, for the changes made. An emergency clause is included, allowing the act to take effect immediately upon passage and approval, emphasizing the urgency of the changes for public safety and administrative efficiency.

Statutes affected:
Introduced: 85A-121, 85A-3., 85A-2026.