OklahomaSB 674Oklahoma 2026 Regular SessionSenate

Charter schools; Charter Schools Incentive Fund; renaming; state funding; calculation; payments.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

New state fund for charter schools

The law creates the Charter Schools Incentive and Closure Reimbursement Fund. It is a continuing fund in the State Treasury run by the Statewide Charter School Board. Money can pay start-up costs, renovate or remodel buildings, and cover closure costs for charter and virtual schools. On the law’s effective date, the old closure fund’s remaining balance moves into this new fund. The Board can also use the fund to give per-pupil state matching money for federal charter facility grants.

Charter schools pay $5 per student

Each charter school must pay $5 per student each school year. The count uses average daily membership from the first nine weeks. The school pays within 30 days after those nine weeks end. If the fund has $1,000,000 or more on July 1, no payment is due next year.

Sponsors & Cosponsors

Sponsor

Adam Pugh
Republican • Senate

Cosponsors

Chad Caldwell
Republican • House

Roll Call Votes

All Roll Calls

Yes: 224 • No: 52

Senate vote • 5/21/2025

FOURTH READING

Yes: 39 • No: 4

House vote • 5/6/2025

EMERGENCY

Yes: 60 • No: 18

House vote • 5/6/2025

THIRD READING

Yes: 61 • No: 20

House vote • 4/24/2025

DO PASS

Yes: 12 • No: 3

House vote • 4/9/2025

DO PASS

Yes: 5 • No: 0

Senate vote • 3/11/2025

THIRD READING

Yes: 40 • No: 6

Senate vote • 2/19/2025

Committee vote: Local & County Government

Yes: 7 • No: 1

Actions Timeline

Approved by Governor 05/23/2025
5/27/2025Senate
Sent to Governor
5/21/2025Senate
Signed, returned to Senate
5/21/2025House
Enrolled, to House
5/21/2025Senate
Referred for enrollment
5/21/2025Senate
Measure passed: Ayes: 39 Nays: 4
5/21/2025Senate
HAs adopted
5/21/2025Senate
HAs read
5/7/2025Senate
Engrossed, signed, to Senate
5/7/2025House
Referred for engrossment
5/6/2025House
Third Reading, Measure passed and Emergency failed: Ayes: 61 Nays: 20; Ayes: 60 Nays: 18
5/6/2025House
General Order
5/6/2025House
Emergency added
4/24/2025House
CR; Do Pass, amended by committee substitute Government Oversight Committee
4/24/2025House
Policy recommendation to the Government Oversight committee; Do Pass County and Municipal Government
4/10/2025House
Referred to County and Municipal Government
4/1/2025House
Second Reading referred to Government Oversight
4/1/2025House
First Reading
3/12/2025House
Engrossed to House
3/12/2025Senate
Referred for engrossment
3/11/2025Senate
Measure passed: Ayes: 40 Nays: 6
3/11/2025Senate
General Order, Considered
3/11/2025Senate
Coauthored by Representative Caldwell (Chad) (principal House author)
2/24/2025Senate
Placed on General Order
2/24/2025Senate
Reported Do Pass Local and County Government committee; CR filed
2/19/2025Senate

Bill Text

Enrolled (final version)
5/21/2025
PDF
Amended And Engrossed
5/7/2025
PDF
Floor (House)
4/25/2025
PDF
House Committee Report
4/24/2025
PDF
House Committee Substitute for Senate Bill
4/24/2025
PDF
House Policy Committee Report
4/10/2025
PDF
Engrossed
3/12/2025
PDF
Floor (Senate)
2/20/2025
PDF
Senate Committee Report
2/19/2025
PDF
Introduced
1/14/2025
PDF

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