OklahomaSB 1062Oklahoma 2026 Regular SessionSenate

Broker compensation; authorizing offer of compensation for certain services; providing certain exceptions. Effective date.

Sponsored By: Paul Rosino (Republican)

Signed by Governor

Senate Committee

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

More payment options for Oklahoma brokers

Beginning November 1, 2025, brokers and property owners of record may pay or offer payment to Oklahoma Real Estate Commission-licensed professionals. This covers brokerage services for buying, leasing, selling, transferring, or exchanging Oklahoma property. Brokers and owners do not have to offer payment, and brokers may charge or skip separate fees for individual services. Paying or promising to pay a broker does not determine the broker’s relationship with the paying party. A broker or owner receiving fees based on sale price or lease cost does not, by itself, breach duties to anyone. The law does not set payment amounts or guarantee lower household costs.

Sponsors & Cosponsors

Sponsor

  • Paul Rosino

    Republican • Senate

Cosponsors

  • Anthony Moore

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 166 • No: 0

House vote • 4/16/2025

THIRD READING

Yes: 86 • No: 0 • Other: 1

House vote • 4/15/2025

DO PASS

Yes: 16 • No: 0

House vote • 4/8/2025

DO PASS

Yes: 9 • No: 0

Senate vote • 3/18/2025

THIRD READING

Yes: 45 • No: 0

Senate vote • 2/27/2025

Committee vote: Business & Insurance

Yes: 10 • No: 0

Actions Timeline

  1. Approved by Governor 04/17/2025

    4/17/2025Senate
  2. Sent to Governor

    4/16/2025Senate
  3. Signed, returned to Senate

    4/16/2025House
  4. Enrolled, to House

    4/16/2025Senate
  5. Referred for enrollment

    4/16/2025Senate
  6. Signed, returned to Senate

    4/16/2025House
  7. Third Reading, Measure passed: Ayes: 86 Nays: 0

    4/16/2025House
  8. General Order

    4/16/2025House
  9. CR; Do Pass Government Oversight Committee

    4/15/2025House
  10. Policy recommendation to the Government Oversight committee; Do Pass Banking, Financial Services and Pensions

    4/8/2025House
  11. Referred to Banking, Financial Services and Pensions

    4/1/2025House
  12. Second Reading referred to Government Oversight

    4/1/2025House
  13. First Reading

    3/24/2025House
  14. Engrossed to House

    3/24/2025Senate
  15. Referred for engrossment

    3/18/2025Senate
  16. Measure passed: Ayes: 45 Nays: 0

    3/18/2025Senate
  17. General Order, Considered

    3/18/2025Senate
  18. Placed on General Order

    3/4/2025Senate
  19. Reported Do Pass Business and Insurance committee; CR filed

    2/27/2025Senate
  20. Coauthored by Representative Moore (principal House author)

    2/5/2025Senate
  21. Second Reading referred to Business and Insurance

    2/4/2025Senate
  22. Authored by Senator Rosino

    2/3/2025Senate
  23. First Reading

    2/3/2025Senate

Bill Text

  • Enrolled (final version)

    4/16/2025

  • Floor (House)

    4/16/2025

  • House Committee Report

    4/15/2025

  • House Policy Committee Report

    4/8/2025

  • Engrossed

    3/24/2025

  • Floor (Senate)

    3/3/2025

  • Senate Committee Report

    2/27/2025

  • Introduced

    1/16/2025

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