All Roll Calls
Yes: 241 • No: 0
OklahomaSB 988Oklahoma 2026 Regular SessionSenateWALLET
Uniform Commercial Code; secured transactions; transferring certain authority from Secretary of State to Oklahoma County Clerk. Effective date.
Sponsored By: Aaron Reinhardt (Republican)
Became Law
Senate Committee
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 1 benefits, 0 costs, 2 mixed.
Farm filings move to County Clerk
The Oklahoma County Clerk takes over Oklahoma’s farm-product filing system from the Secretary of State. The system starts 180 days after certification by the U.S. Department of Agriculture. Filings active on the act’s effective date must transfer using the Clerk’s transition document, with no migration fee. The Clerk handles forms, records, registrant services, and system rules. Financing statements have no priority among themselves within this system; the Clerk processes them in recorded timestamp order.
Farm filing fees favor online access
When the system starts, the County Clerk collects $10 for each financing statement, continuation, partial release, assignment, amendment, or termination. Written confirmation of active statements costs $6. Annual buyer or interested-party registration costs $50, but Internet-download access waives that fee and downloads are free. Master-list distribution charges depend on products and counties; fees for five or fewer counties range from $150–$300 yearly. A transfer fee cannot exceed the Clerk’s cost, and collected fees go to the Clerk’s Uniform Commercial Code Central Filing Fund.
Farm lenders face updated filing rules
Debtors no longer sign farm-product financing statements; secured lenders still sign and file them with the required information. Termination statements must now identify the financing statement by its unique document number. The existing 20-day termination deadline remains once no secured obligation or commitment to provide further value remains. The Oklahoma County District Attorney replaces the Attorney General in enforcing the existing $500 failure-to-file penalty; collections fund the Clerk’s filing system. Statements remain publicly searchable but inactive when their term expires or a termination statement is accepted, whichever happens first.
Sponsors & Cosponsors
Sponsor
Aaron Reinhardt
Republican • Senate
Cosponsors
Chuck Hall
Republican • Senate
Pfeiffer
Affiliation unavailable
Roll Call Votes
Senate vote • 5/20/2025
FOURTH READING
Yes: 42 • No: 0
House vote • 4/30/2025
THIRD READING
Yes: 85 • No: 0
House vote • 4/17/2025
DO PASS
Yes: 14 • No: 0
House vote • 4/8/2025
DO PASS
Yes: 8 • No: 0
Senate vote • 3/12/2025
THIRD READING
Yes: 42 • No: 0
Senate vote • 3/12/2025
THE OKLAHOMA STATE
Yes: 42 • No: 0
Senate vote • 2/25/2025
THE OKLAHOMA
Yes: 8 • No: 0
Actions Timeline
Becomes law without Governor's signature 05/28/2025
5/28/2025SenateSent to Governor
5/21/2025SenateSigned, returned to Senate
5/21/2025HouseEnrolled, to House
5/21/2025SenateReferred for enrollment
5/20/2025SenateMeasure passed: Ayes: 42 Nays: 0
5/20/2025SenateHAs adopted
5/20/2025SenateHAs read
5/1/2025SenateEngrossed, signed, to Senate
5/1/2025HouseReferred for engrossment
4/30/2025HouseThird Reading, Measure passed: Ayes: 85 Nays: 0
4/30/2025HouseGeneral Order
4/30/2025HouseCR; Do Pass, amended by committee substitute Government Oversight Committee
4/21/2025HousePolicy recommendation to the Government Oversight committee; Do Pass, amended by committee substitute Banking, Financial Services and Pensions
4/9/2025HouseReferred to Banking, Financial Services and Pensions
4/1/2025HouseSecond Reading referred to Government Oversight
4/1/2025HouseFirst Reading
3/13/2025HouseEngrossed to House
3/13/2025SenateReferred for engrossment
3/12/2025SenateMeasure passed: Ayes: 42 Nays: 0
3/12/2025SenateGeneral Order, Considered
3/12/2025SenateCoauthored by Senator Hall
3/3/2025SenatePlaced on General Order
2/27/2025SenateEmergency removed
2/25/2025SenateReported Do Pass, amended by committee substitute Judiciary committee; CR filed
2/25/2025Senate
Bill Text
Enrolled (final version)
5/21/2025
Amended And Engrossed
5/1/2025
Floor (House)
4/22/2025
House Committee Report
4/21/2025
House Committee Substitute for Senate Bill
4/21/2025
House Policy Committee Report
4/9/2025
Engrossed
3/13/2025
Floor (Senate)
2/26/2025
Committee Substitute
2/25/2025
Senate Committee Report
2/25/2025
Introduced
1/16/2025
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