Bill > SB1126

This bill specifies the apportionment of certain appropriated funds for public school activities by the State Board of Education for the fiscal year ending June 30, 2026, totaling $3,976,979,896. * Local- and State-supported Financial Support of Public Schools: $3,120,730,927 from funds appropriated by Enrolled House Bill No. 2766. * Certified Employee Health Benefit Allowance: $410,851,159 from funds appropriated by Enrolled House Bill No. 2766. * Support Employee Health Benefit Allowance: $247,723,418 from funds appropriated by Enrolled House Bill No. 2766. * Teachers’ Retirement Credit: $35,000,000 from funds appropriated by Enrolled House Bill No. 2766, to be transferred to the Teachers’ Retirement System of Oklahoma. * Purchase of Textbooks and Instructional Materials: $45,190,000 from funds appropriated by Enrolled House Bill No. 2766. * Various other education programs and initiatives, including Early Intervention ($16,725,341), Early Childhood Initiative ($14,000,000), and Strong Readers Act ($17,500,000), totaling $838,103,603 from funds appropriated by Enrolled House Bill No. 2766. * Administrative and Support Functions of the State Department of Education: $18,145,366 from funds appropriated by Enrolled House Bill No. 2766. * Transfers to the School Consolidation Assistance Fund: $3,250,000 from funds appropriated by Enrolled House Bill No. 2766. * Transfers to the Teachers’ Retirement System Dedicated Revenue Revolving Fund: $3,250,000 from funds appropriated by Enrolled House Bill No. 2766. * The bill also outlines budget categories for the State Board of Education, including Payroll, Salaries or Wages ($22,627,959), Professional and Personal Services Contracts ($33,645,498), Other Operating Funds ($3,927,205,809), and Expenditure of Federal Funds ($634,934,710), for the fiscal year ending June 30, 2026. * The State Department of Education is prohibited from contracting for certain administrative costs for the SoonerStart Early Intervention Services. * The bill allows for exemption from expenditure limitations for unanticipated federal funds awarded after July 1, 2024, with specific notification procedures to legislative committees. * The act takes effect on July 1, 2025.