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Committee advances several bills to the floor, including tourism sales commissions, homeowners insurance update and REAB compliance changes
Summary
The committee reported three additional bills to the floor: HB 30 38 (tourism advertising/sponsorship commissions) 14–1; HB 2,929 (homeowners insurance underwriting lookback) 15–1; HB 2,956 (Real Estate Appraisers Board compliance updates) 16–0.
The committee advanced multiple bills to the floor after brief presentations.
Representative Cantrell presented HB 30 38 to let Department of Tourism employees earn commissions from advertising and sponsorships (for example, sponsorships of tournaments) as a workforce retention measure; the committee voted 14–1 to report the bill to the floor.
An Oklahoma Insurance Department representative presented HB 2,929 to update homeowners insurance underwriting provisions, including a maximum five-year lookback for claims when underwriting policies; the committee voted 15–1 to report the bill to the floor.
A presenter described HB 2,956 as statutory updates requested by the Real Estate Appraisers Board after a federal audit to bring state law into conformity with federal requirements; the committee voted unanimously, 16–0, to report the bill to the floor.
All three bills were reported out of committee for consideration by the full House. The chair announced the committee would reconvene at 3:00 p.m.
