Oklahoma 2026 Regular Session Status: In Committee 2 R cosponsors

SB 974 — Online auctions; prohibiting charging of buyer's premium; requiring certain nonelectric option for certain bidders; authorizing certain use of online auction marketplace. Emergency.

Last action — Placed on General Order

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced February 03, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Prognosis

Advancing 38% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 2 sponsors

    2 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (2 R).

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

279 added · 261 removed

Plain-language change summary

The updated version of Senate Bill 974 includes several key changes aimed at strengthening regulations for online auctions in Oklahoma. Notably, it broadens the scope of statutory amendments related to auctions and introduces new prohibitions on certain fees and buyer eligibility. This matters because it seeks to enhance consumer protection and ensure fair practices in the online auction marketplace, ultimately promoting a safer environment for buyers and sellers.

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STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) COMMITTEE SUBSTITUTE FOR SENATE BILL 974 By:
SENATE FLOOR VERSION February 27, 2025 3 COMMITTEE SUBSTITUTE FOR SENATE BILL NO.
Weaver of the Senate and Moore of the House 8 COMMITTEE SUBSTITUTE An Act relating to online auctions;
974 By:
Weaver and Guthrie of the Senate and Moore of the House 8 An Act relating to online auctions;
Req.
SECTION 1.
No.
1761 Page 1 SECTION 1.
Section 757.
SENATE FLOOR VERSION - SB974 SFLR Page 1 (Bold face denotes Committee Amendments) Section 757.
causes public notice to be given of the date, time and place of sale, for at least ten (10) days before the Req.
causes public notice to be given of the date, time and place of sale, for at least ten (10) days before the day of sale.
No.
The notice shall be executed by the sheriff and shall state the name of any person having an interest in the property whose actual address is SENATE FLOOR VERSION - SB974 SFLR Page 2 (Bold face denotes Committee Amendments) unknown, and shall designate the person or persons whose unknown successors are being notified.
1761 Page 2 day of sale.
The notice shall be executed by the sheriff and shall state the name of any person having an interest in the property whose actual address is unknown, and shall designate the person or persons whose unknown successors are being notified.
Req.
2.
No.
When goods and chattels levied upon cannot be sold for want of bidders, the officer making such return shall affix a true and correct inventory of such goods and chattels to the execution, and SENATE FLOOR VERSION - SB974 SFLR Page 3 (Bold face denotes Committee Amendments) the party causing such execution to be issued may thereupon sue out another writ of execution, directing the sale of the property levied upon as provided for in this section.
1761 Page 3 2.
When goods and chattels levied upon cannot be sold for want of bidders, the officer making such return shall affix a true and correct inventory of such goods and chattels to the execution, and the party causing such execution to be issued may thereupon sue out another writ of execution, directing the sale of the property levied upon as provided for in this section.
In the case of a sale by a sheriff conducted through an online auction marketplace, the online auction marketplace may Req.
In the case of a sale by a sheriff conducted through an online auction marketplace, the online auction marketplace may collect deposits and payments by wire transfer, electronic funds transfer, or cashier’s check from a registered bidder, settle the transaction, and then remit payment of the purchase price to the SENATE FLOOR VERSION - SB974 SFLR Page 4 (Bold face denotes Committee Amendments) court clerk as directed by the a sheriff utilizing an online auction marketplace shall be conducted in accordance with the provisions of Section 4 of this act.
No.
1761 Page 4 collect deposits and payments by wire transfer, electronic funds transfer, or cashier’s check from a registered bidder, settle the transaction, and then remit payment of the purchase price to the court clerk as directed by the a sheriff utilizing an online auction marketplace shall be conducted in accordance with the provisions of Section 4 of this act.
and Req.
and 2.
No.
Causes public notice of the date, time and place of sale to be given by publication for two (2) successive weeks in a newspaper published in the county in which the property to be sold is SENATE FLOOR VERSION - SB974 SFLR Page 5 (Bold face denotes Committee Amendments) situated, or in case no newspaper be is published in such county, then in a newspaper of general circulation therein and by putting up an advertisement upon the courthouse door and in five other public places in such county, two of which shall be in the township where such lands and tenements lie;
1761 Page 5 2.
Causes public notice of the date, time and place of sale to be given by publication for two (2) successive weeks in a newspaper published in the county in which the property to be sold is situated, or in case no newspaper be is published in such county, then in a newspaper of general circulation therein and by putting up an advertisement upon the courthouse door and in five other public places in such county, two of which shall be in the township where such lands and tenements lie;
Req.
C.
No.
1761 Page 6 C.
If a purchaser other than the party causing the execution to be issued, when required by the sheriff, fails to post cash or certified funds equal to ten percent (10%) of the amount bid for the property within twenty-four (24) hours of the sale, excluding Sundays and legal holidays, or otherwise fails to complete the sale, the sheriff may accept the next highest bid.
If a purchaser other than the SENATE FLOOR VERSION - SB974 SFLR Page 6 (Bold face denotes Committee Amendments) party causing the execution to be issued, when required by the sheriff, fails to post cash or certified funds equal to ten percent (10%) of the amount bid for the property within twenty-four (24) hours of the sale, excluding Sundays and legal holidays, or otherwise fails to complete the sale, the sheriff may accept the next highest bid.
Req.
1.
No.
Cause a written notice of hearing on the confirmation of the sale to be mailed, by first class first-class mail, postage prepaid, to all persons to whom mailing of the notice of the execution of sale was required to be made pursuant to Section 764 of this title SENATE FLOOR VERSION - SB974 SFLR Page 7 (Bold face denotes Committee Amendments) and to the high bidder at such sale, at least ten (10) days before the hearing on the confirmation of the sale, and if the name or address of any such person is unknown, shall cause a notice of the hearing on the confirmation of the sale to be published in a newspaper authorized by law to publish legal notices in the county in which the property is situated.
1761 Page 7 1.
Cause a written notice of hearing on the confirmation of the sale to be mailed, by first class first-class mail, postage prepaid, to all persons to whom mailing of the notice of the execution of sale was required to be made pursuant to Section 764 of this title and to the high bidder at such sale, at least ten (10) days before the hearing on the confirmation of the sale, and if the name or address of any such person is unknown, shall cause a notice of the hearing on the confirmation of the sale to be published in a newspaper authorized by law to publish legal notices in the county in which the property is situated.
The court may Req.
The court may continue the hearing or make such other orders as are necessary to allow the interested persons to adequately support or oppose any such objections to the confirmation of the sale.
No.
If the court, after having carefully examined the proceedings of the officer, is SENATE FLOOR VERSION - SB974 SFLR Page 8 (Bold face denotes Committee Amendments) satisfied that the sale has, in all respects, been made in conformity with the provisions of this article section, the court shall direct the clerk to make an entry on the journal that the court is satisfied of the legality of such sale and shall order that the officer make to the purchaser a deed for such lands and tenements;
1761 Page 8 continue the hearing or make such other orders as are necessary to allow the interested persons to adequately support or oppose any such objections to the confirmation of the sale.
If the court, after having carefully examined the proceedings of the officer, is satisfied that the sale has, in all respects, been made in conformity with the provisions of this article section, the court shall direct the clerk to make an entry on the journal that the court is satisfied of the legality of such sale and shall order that the officer make to the purchaser a deed for such lands and tenements;
Req.
SECTION 4.
No.
1761 Page 9 SECTION 4.
A.
SENATE FLOOR VERSION - SB974 SFLR Page 9 (Bold face denotes Committee Amendments) A.
Any such terms of service or Req.
Any such terms of service or use shall provide that the terms of service or use are subject to the laws and jurisdiction of this state.
No.
Show all 45 changed rows (5 more)
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Latest
1761 Page 10 use shall provide that the terms of service or use are subject to the laws and jurisdiction of this state.
The online auction marketplace may collect deposits and payments by wire transfer, electronic funds transfer, or cashier’s check from a registered bidder;
The online auction marketplace may collect deposits and payments by wire transfer, electronic funds transfer, or cashier’s SENATE FLOOR VERSION - SB974 SFLR Page 10 (Bold face denotes Committee Amendments) check from a registered bidder;
60-1-1761 CAD 2/27/2025 11:29:10 AM Req.
COMMITTEE REPORT BY:
No.
COMMITTEE ON BUSINESS AND INSURANCE February 27, 2025 - DO PASS AS AMENDED BY CS SENATE FLOOR VERSION - SB974 SFLR Page 11 (Bold face denotes Committee Amendments)
1761 Page 11
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Amendments

1 amendment

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Action History

  1. Placed on General Order

  2. Coauthored by Senator Guthrie

  3. Reported Do Pass, amended by committee substitute Business and Insurance committee; CR filed

  4. Coauthored by Representative Moore (principal House author)

  5. Second Reading referred to Business and Insurance

  6. Authored by Senator Weaver

  7. First Reading

Sponsors

Sponsorship breakdown

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2 sponsors · 0 co-sponsors · 149 not signed on

Sponsors (2)

Co-sponsors (0)

None.

Not signed on (149)

149 members have not signed on to this bill.

Show all 149 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Do Pass Amended Cs

Passed 10 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 8000
Democrat 2000
Unaffiliated 0001
Total 10001
% of votes cast 91%0%0%9%
How each member voted (11)
Member Party Vote
AMD SB974 PCS - ADOPTED (Request No: 1761) — Not Voting
Mark Mann Democrat Yea
Michael Brooks Democrat Yea
Aaron Reinhardt Republican Yea
Adam Pugh Republican Yea
Bill Coleman Republican Yea
Brian Guthrie Republican Yea
District 24 Republican Yea
Jerry Alvord Republican Yea
Lisa Standridge Republican Yea
Randy Grellner Republican Yea

Official roll call →

Subjects

public-safety technology
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 974?
SB 974 is sponsored by District 24 (Republican) and Anthony Moore (Republican).
What is the current status of SB 974?
This bill is in committee in the Senate. Introduced February 03, 2025. It must pass committee before a floor vote.
Where can I track SB 974?
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