2024 Regular SessionOklahoma Legislature

SB620

Legislative Summary

Professional Entity Act; modifying requirements for persons holding interest in domestic professional entity; prohibiting certain persons from holding shares in certain professional corporations. Effective date.

Bill History

2/6/2023
First Reading
Senate
2/6/2023
Authored by Senator Montgomery
Senate
2/7/2023
Second Reading referred to Judiciary
Senate
2/16/2023
Coauthored by Representative Echols (principal House author)
Senate
2/28/2023
Reported Do Pass, amended by committee substitute Judiciary committee; CR filed
Senate
2/28/2023
Title stricken
Senate
3/21/2023
General Order, Amended
Senate
3/21/2023
Title restored
Senate
3/21/2023
Measure passed: Ayes: 40 Nays: 3
Senate
3/21/2023
Referred for engrossment
Senate
3/22/2023
Engrossed to House
Senate
3/22/2023
First Reading
House of Representatives
3/29/2023
Second Reading referred to Business and Commerce
House of Representatives
4/5/2023
CR; Do Pass Business and Commerce Committee
House of Representatives
4/17/2024
General Order
House of Representatives
4/17/2024
Coauthored by Representative(s) McDugle
House of Representatives
4/17/2024
Third Reading, Measure passed: Ayes: 90 Nays: 4
House of Representatives
4/17/2024
Signed, returned to Senate
House of Representatives
4/17/2024
Referred for enrollment
Senate
4/18/2024
Enrolled, to House
Senate
4/18/2024
Signed, returned to Senate
House of Representatives
4/18/2024
Sent to Governor
Senate
4/24/2024
Approved by Governor 04/23/2024
Senate

Amendments

Senate Floor SB620 (3-07-23) (MONTGOMERY) RT FA1

SB620 (3-07-23) (MONTGOMERY) RT FA1

3/7/2023Not Adopted

Senate Committee Committee Amendment

Committee Amendment

2/22/2023Not Adopted

Roll Call Votes

House: THIRD READING
4/17/2024
90
Yea
4
Nay
0
Not Voting
7
Absent
Result: PASSED
House: Business and Commerce Committee: DO PASS
4/5/2023
7
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate: from holding shares in certain professional
3/21/2023
40
Yea
3
Nay
0
Not Voting
5
Absent
Result: PASSED
Senate: Committee On Judiciary: DO PASS
2/28/2023
12
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Passed(4/24/2024)
Chamber
Senate
Sine DiePrior Session

Sponsors

Documents

Enrolled
Bill Text4/18/2024376.7 KB
Amended
Bill Text4/6/2023565.7 KB
Engrossed
Bill Text3/22/2023513.4 KB
Amended
Bill Text3/1/2023542.0 KB
Comm Sub
Bill Text2/28/2023489.7 KB
Introduced
Bill Text1/17/202345.4 KB
Fiscal Note/Analysis
Fiscal Note/Analysis4/6/202312.1 KB
Fiscal Note/Analysis
Fiscal Note/Analysis3/2/202346.1 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/19/20238.8 KB