The Oklahoma State Legislature introduced House Bill 1012 on February 6, 2025, aiming to enhance consumer privacy protections in the state. The bill seeks to address growing concerns over the handling of personal information by businesses and the potential misuse of such data by third parties.

Key provisions of House Bill 1012 include imposing civil penalties for violations of consumer privacy regulations, with fines set at $2,500 for each infraction and $7,500 for intentional violations. The Oklahoma Attorney General would be empowered to recover reasonable expenses related to enforcing these penalties, including attorney fees and court costs. Funds collected from these penalties would be allocated to a dedicated account within the General Revenue Fund, specifically for the administration and enforcement of the act.

A notable aspect of the bill is its provision that protects businesses from liability if they disclose consumer information to third parties or service providers, provided they lack knowledge or reasonable belief that these entities will misuse the data. This clause aims to encourage compliance while mitigating the fear of repercussions for businesses acting in good faith.

The introduction of House Bill 1012 has sparked discussions among lawmakers and stakeholders regarding the balance between consumer protection and business interests. Proponents argue that the bill is a necessary step to safeguard consumer rights in an increasingly digital world, while opponents express concerns about the potential burden on businesses and the implications for economic growth.

As the bill progresses through the legislative process, its implications could be significant for both consumers and businesses in Oklahoma. If passed, it may set a precedent for similar legislation in other states, reflecting a broader trend toward stricter data privacy regulations nationwide. The ongoing debates and potential amendments will likely shape the final form of the bill and its impact on the state's regulatory landscape.