---
type: "Bill"
title: "Loans; allowing for certain loan rate for total calculation of loan finance charge. Effective date."
description: "Loans; allowing for certain loan rate for total calculation of loan finance charge. Effective date."
jurisdiction: "us/states/ok"
legislature: "Oklahoma Legislature"
session: "2024"
identifier: "SB 794"
citation: "Oklahoma SB 794 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Coleman", "McEntire"]
version_count: 5
action_count: 20
vote_count: 5
first_action: "2023-02-06"
last_action: "2023-04-24"
source: "openstates"
source_identifier: "ocd-bill/9afba58c-2504-4cfb-a0c1-3060e43ed751"
source_url: "http://www.oklegislature.gov/BillInfo.aspx?Bill=SB794&session=2400"
source_hash: "bb91bc2ebe0f1533e51dc3c97cb18e9c22599d7462fc2205007d0bb1aaab6e0d"
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 794 (2024) — Loans; allowing for certain loan rate for total calculation of loan finance charge. 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/SB794 INT.PDF)
2. **Engrossed** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENGR/SB/SB794 ENGR.PDF)
3. **Enrolled (final version)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENR/SB/SB794 ENR.PDF)
4. **Floor (House)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/HFLR/SB794 HFLR.PDF)
5. **Floor (Senate)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/SFLR/SB794 SFLR.PDF)

## Votes

- Committee On Business & Commerce — **0–0** (fail) · upper
- Third Reading — **70–27** (pass) · lower
- Third Reading — **25–20** (pass) · upper
- Business & Commerce — **12–0** (pass) · upper
- Banking, Financial Services And Pensions Committee: Do Pass — **5–1** (pass) · lower

## Sponsors

- Coleman — primary (person)
- McEntire — 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 Coleman
- **2023-02-07** Second Reading referred to Business and Commerce `reading-2, referral-committee`
- **2023-02-14** Coauthored by Representative McEntire (principal House author)
- **2023-02-20** Reported Do Pass Business and Commerce committee; CR filed `committee-passage`
- **2023-03-22** General Order, Considered
- **2023-03-22** Measure passed: Ayes: 25 Nays: 20 `passage`
- **2023-03-22** Referred for engrossment
- **2023-03-23** Engrossed to House `passage`
- **2023-03-23** First Reading `introduction, reading-1`
- **2023-03-29** Second Reading referred to Banking, Financial Services and Pensions `reading-2, referral-committee`
- **2023-04-03** CR; Do Pass Banking, Financial Services and Pensions Committee `committee-passage`
- **2023-04-17** General Order
- **2023-04-17** Third Reading, Measure passed: Ayes: 70 Nays: 27 `passage, reading-3`
- **2023-04-17** Signed, returned to Senate
- **2023-04-17** Referred for enrollment
- **2023-04-18** Enrolled, to House
- **2023-04-18** Signed, returned to Senate
- **2023-04-18** Sent to Governor `executive-receipt`
- **2023-04-24** Approved by Governor 04/24/2023 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/9afba58c-2504-4cfb-a0c1-3060e43ed751`. Confidence: reported (aggregated from official Oklahoma legislature records).