HB4301

Oklahoma HB4301 mandates the Attorney General to enforce federal laws requiring escrow or title companies to return earnest money to veterans if.

Oklahoma HB4301 creates a fund in the State Treasury for the Attorney General's Office, designated as the "Attorney General's Law Enforcement Revolving Fund." This fund will receive money from various sources, including civil penalties. The bill requires the Attorney General to enforce federal laws, specifically 38 C.F.R. Section 36.4303(k), which mandate that escrow or title companies return earnest money to qualified veterans or active-duty military personnel if the property appraises for less than the contract price.