All Roll Calls
Yes: 138 • No: 52
OklahomaSB 674Oklahoma 2026 Regular SessionSenateWALLET
Charter schools; Charter Schools Incentive Fund; renaming; state funding; calculation; payments.
Sponsored By: Adam Pugh (Republican)
Signed by Governor
Senate Committee
Your PRIA Score
Score Hidden
Personalized for You
How does this bill affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
4 provisions identified: 2 benefits, 1 costs, 1 mixed.
Direct funding and first-year boost for charters
Charter schools count their students separately from the sponsor. The charter receives State Aid, eligible federal funds, and other state dollars its students generate. For a new site, new grade, or a full-time statewide virtual charter in year one, initial weighted average daily membership equals August 1 enrollment times 1.333. The state pays on that estimate and adjusts midyear using first-quarter weighted average daily membership. Later years use the normal formulas.
Facility help and $5 closure fee for charters
The law creates two state funds for charters, run by the Statewide Charter School Board, which also sets application rules. Money can help start-ups, facility renovations, and closure costs. The Board may give per-student state matches for federal facility grants. Each charter pays $5.00 per student based on average daily membership in the first nine weeks, due within 30 days; the fee is waived if the closure fund has $1,000,000 or more on July 1. Charter schools that lease property can use current government lease rates.
Sponsor fees capped at 3% with reports
When the sponsor is a school district, college, private college, or tribe, it may charge at most 3% of a charter’s State Aid for oversight. The Statewide Charter School Board cannot charge any fee. Fees can be taken only from State Aid, not other state money. Sponsors may not add other charges except for agreed extra services. Sponsors must publish oversight reports on their websites, present them at a public meeting, and give prior-year financial records; the State Department of Education adds accounting codes for reporting.
No new charter taxes or bonds
Charter school boards cannot levy taxes or issue bonds. They may borrow privately if allowed by law, but the charter alone must repay; the state and sponsor are not liable. Charter and virtual charter schools cannot receive state-dedicated, local, or county revenue unless state law expressly allows it. They still qualify for other aid and grants open to schools.
Sponsors & Cosponsors
Sponsor
Adam Pugh
Republican • Senate
Cosponsors
Chad Caldwell
Republican • House
Roll Call Votes
Senate vote • 5/21/2025
Top_of_Page
Yes: 0 • No: 4
House vote • 5/6/2025
Top_of_Page
Yes: 61 • No: 20
House vote • 5/6/2025
EMERGENCY
Yes: 60 • No: 18
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: 0 • No: 6
Senate vote • 2/19/2025
Top_of_Page
Yes: 0 • No: 1
Actions Timeline
Approved by Governor 05/23/2025
5/27/2025SenateSent to Governor
5/21/2025SenateSigned, returned to Senate
5/21/2025HouseEnrolled, to House
5/21/2025SenateReferred for enrollment
5/21/2025SenateMeasure passed: Ayes: 39 Nays: 4
5/21/2025SenateHAs adopted
5/21/2025SenateHAs read
5/7/2025SenateEngrossed, signed, to Senate
5/7/2025HouseReferred for engrossment
5/6/2025HouseThird Reading, Measure passed and Emergency failed: Ayes: 61 Nays: 20; Ayes: 60 Nays: 18
5/6/2025HouseGeneral Order
5/6/2025HouseEmergency added
4/24/2025HouseCR; Do Pass, amended by committee substitute Government Oversight Committee
4/24/2025HousePolicy recommendation to the Government Oversight committee; Do Pass County and Municipal Government
4/10/2025HouseReferred to County and Municipal Government
4/1/2025HouseSecond Reading referred to Government Oversight
4/1/2025HouseFirst Reading
3/12/2025HouseEngrossed to House
3/12/2025SenateReferred for engrossment
3/11/2025SenateMeasure passed: Ayes: 40 Nays: 6
3/11/2025SenateGeneral Order, Considered
3/11/2025SenateCoauthored by Representative Caldwell (Chad) (principal House author)
2/24/2025SenatePlaced on General Order
2/24/2025SenateReported Do Pass Local and County Government committee; CR filed
2/19/2025Senate
Bill Text
Enrolled (final version)
5/21/2025
Amended And Engrossed
5/7/2025
Floor (House)
4/25/2025
House Committee Report
4/24/2025
House Committee Substitute for Senate Bill
4/24/2025
House Policy Committee Report
4/10/2025
Engrossed
3/12/2025
Floor (Senate)
2/20/2025
Senate Committee Report
2/19/2025
Introduced
1/14/2025
Related Bills
HB 4030 — Education; apportionment of certain appropriated funds; purposes for allocated funds; effective date; emergency.
HB 4072 — Public Finance; creating the Taxpayer Endowment Trust Fund Act; creating the Taxpayer Endowment Trust Fund; effective date; emergency.
SB 1733 — Schools; requiring public and private school employees to report certain disclosure, allegation, or information to law enforcement within certain time period; requiring school employees to annually sign certain attestation. Effective date. Emergency.
SB 1481 — Schools; requiring certain schools to provide students in certain grades with certain amount of recess per day. Effective date. Emergency.
SB 1176 — Oklahoma Water Resources Board; creating the Water and Wastewater Infrastructure Investment Program. Effective date. Emergency.
SB 1161 — Oklahoma Health Care Authority; general appropriations; modifying certain date; providing for duties and compensation of administrators and employees. Effective date. Emergency.