Consumer Credit Code; allowing the Department of Career and Technology Education to charge service fees for certain transactions; effective date.

Summary

The bill amends Oklahoma's Consumer Credit Code to let private schools, technology‑center districts, public schools, municipalities and related trusts charge a service fee that covers only processing and security costs. It also clarifies that cash discounts are not credit‑card surcharges and limits any surcharge to 2% of the transaction. The changes take effect on November 1, 2026.

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