--- type: "Bill" title: "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." description: "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." jurisdiction: "us/states/ok" legislature: "Oklahoma Legislature" session: "2024" identifier: "SB 620" citation: "Oklahoma SB 620 (2024)" classification: ["bill"] subjects: [] status: "enacted" primary_sponsors: ["Echols", "Montgomery"] version_count: 8 action_count: 23 vote_count: 4 first_action: "2023-02-06" last_action: "2024-04-24" source: "openstates" source_identifier: "ocd-bill/d617d813-1ebe-469e-a766-d9dca8917241" source_url: "http://www.oklegislature.gov/BillInfo.aspx?Bill=SB620&session=2400" source_hash: "e3cde327aa0a2a4f83ecc3c4df4d52135b0353f0313c62a4f8efbb00fc400202" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-ok"] --- # Oklahoma SB 620 (2024) — 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. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **Introduced** (filed) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 INT/SB/SB620 INT.PDF) 2. **Committee Amendment** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 COMMITTEE AMENDMENTS/Senate/SB620 PCS.PDF) 3. **Committee Substitute** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 COMMITTEE SUBS/SCS/SB620 CS.PDF) 4. **Engrossed** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENGR/SB/SB620 ENGR.PDF) 5. **Enrolled (final version)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENR/SB/SB620 ENR.PDF) 6. **Floor (House)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/HFLR/SB620 HFLR.PDF) 7. **Floor (Senate)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/SFLR/SB620 SFLR.PDF) 8. **SB620 (3-07-23) (MONTGOMERY) RT FA1.PDF** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLOOR AMENDMENTS/Senate/SB620 (3-07-23) (MONTGOMERY) RT FA1.PDF) ## Votes - Third Reading — **40–3** (pass) · upper - Committee On Judiciary: Committee Substitute, Motion By Senator Howard - Adopted (Request No: 1719) — **12–0** (pass) · upper - Business And Commerce Committee: Do Pass — **7–0** (pass) · lower - Third Reading — **90–4** (pass) · lower ## Sponsors - Echols — primary (person) - Montgomery — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2023-02-06** First Reading `introduction, reading-1` - **2023-02-06** Authored by Senator Montgomery - **2023-02-07** Second Reading referred to Judiciary `reading-2, referral-committee` - **2023-02-16** Coauthored by Representative Echols (principal House author) - **2023-02-28** Reported Do Pass, amended by committee substitute Judiciary committee; CR filed `committee-passage` - **2023-02-28** Title stricken - **2023-03-21** General Order, Amended - **2023-03-21** Title restored - **2023-03-21** Measure passed: Ayes: 40 Nays: 3 `passage` - **2023-03-21** Referred for engrossment - **2023-03-22** Engrossed to House `passage` - **2023-03-22** First Reading `introduction, reading-1` - **2023-03-29** Second Reading referred to Business and Commerce `reading-2, referral-committee` - **2023-04-05** CR; Do Pass Business and Commerce Committee `committee-passage` - **2024-04-17** General Order - **2024-04-17** Coauthored by Representative(s) McDugle - **2024-04-17** Third Reading, Measure passed: Ayes: 90 Nays: 4 `passage, reading-3` - **2024-04-17** Signed, returned to Senate - **2024-04-17** Referred for enrollment - **2024-04-18** Enrolled, to House - **2024-04-18** Signed, returned to Senate - **2024-04-18** Sent to Governor `executive-receipt` - **2024-04-24** Approved by Governor 04/23/2024 `executive-signature` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d617d813-1ebe-469e-a766-d9dca8917241`. Confidence: reported (aggregated from official Oklahoma legislature records).