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---
type: "Bill"
title: "Third-party Administrator Act; modifying application and fee requirements for licensees. Effective date."
description: "Third-party Administrator Act; modifying application and fee requirements for licensees. Effective date."
jurisdiction: "us/states/ok"
legislature: "Oklahoma Legislature"
session: "2024"
identifier: "SB 553"
citation: "Oklahoma SB 553 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Montgomery", "Tedford"]
version_count: 7
action_count: 22
vote_count: 4
first_action: "2023-02-06"
last_action: "2023-05-01"
source: "openstates"
source_identifier: "ocd-bill/5fb9724f-87ed-4a58-8c64-a0adf3469e71"
source_url: "http://www.oklegislature.gov/BillInfo.aspx?Bill=SB553&session=2400"
source_hash: "2cf55f0f7988d4e6bcc7b6312a5bc46062114f832a5e5d49a3c3e10597f26f26"
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 553 (2024) — Third-party Administrator Act; modifying application and fee requirements for licensees. 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/SB553 INT.PDF)
2. **Committee Amendment** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 COMMITTEE AMENDMENTS/Senate/SB553 PCS.PDF)
3. **Committee Substitute** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 COMMITTEE SUBS/SCS/SB553 CS.PDF)
4. **Engrossed** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENGR/SB/SB553 ENGR.PDF)
5. **Enrolled (final version)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 ENR/SB/SB553 ENR.PDF)
6. **Floor (House)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/HFLR/SB553 HFLR.PDF)
7. **Floor (Senate)** (committee substitute) — [source](http://webserver1.lsb.state.ok.us/cf_pdf/2023-24 FLR/SFLR/SB553 SFLR.PDF)
## Votes
- Third Reading — **882** (pass) · lower
- Committee On Retirement & Insurance: Committee Substitute, Motion By Senator Jett - Adopted (Request No: 1864) — **90** (pass) · upper
- Insurance Committee: Do Pass — **50** (pass) · lower
- Third Reading — **392** (pass) · upper
## Sponsors
- Montgomery — primary (person)
- Tedford — 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
- **2023-02-06** Coauthored by Representative Sneed (principal House author)
- **2023-02-07** Second Reading referred to Retirement and Insurance `reading-2, referral-committee`
- **2023-02-14** Reported Do Pass, amended by committee substitute Retirement and Insurance committee; CR filed `committee-passage`
- **2023-03-21** General Order, Considered
- **2023-03-21** Measure passed: Ayes: 39 Nays: 2 `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 Insurance `reading-2, referral-committee`
- **2023-04-04** CR; Do Pass Insurance Committee `committee-passage`
- **2023-04-19** Remove Representative Sneed as principal House author and substitute with Representative Tedford
- **2023-04-24** General Order
- **2023-04-24** Coauthored by Representative(s) Sneed
- **2023-04-24** Third Reading, Measure passed: Ayes: 88 Nays: 2 `passage, reading-3`
- **2023-04-24** Signed, returned to Senate
- **2023-04-24** Referred for enrollment
- **2023-04-25** Enrolled, to House
- **2023-04-25** Signed, returned to Senate
- **2023-04-25** Sent to Governor `executive-receipt`
- **2023-05-01** Approved by Governor 05/01/2023 `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5fb9724f-87ed-4a58-8c64-a0adf3469e71`. Confidence: reported (aggregated from official Oklahoma legislature records).