Req. No. 9060 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 2nd Session of the 58th Legislature (202 2) HOUSE BILL 3482 By: Martinez AS INTRODUCED An Act relating to education grants; creating the Digital Wallet Program Act; describing program purpose; defining terms; directing the Governor or designee to administer the program; providing for distribution of grant funding; requiring submissi on of an annual report of the program; prescribing contents of report; providing for codification; providing an effective date; and declaring an emergency. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 1-201 of Title 70, unless there is created a duplication in num bering, reads as follows: A. This act shall be known and may be cited as the "Digital Wallet Program Act". B. There is hereby created the Digital Wallet Program to increase learning opportunities for students, establish new flexibilities for families, em power families to create education solutions that fit the uniq ue needs of their children , and to empower and encourage the state to directly support families. Req. No. 9060 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 C. As used in this act: 1. "Federal poverty level " means a measure of annualized incom e that is published annually in the Federal Regi ster by the United States Department of Health and Human Services; 2. "Grant" means the amount of money allocated to a parent ; 3. "Grant funding" means the amount of funding in the Digital Wallet Program that is not allocated for administrative purposes; 4. "Parent" means any person who is the parent or legal guardian of a child who is entitled to receive a fre e and appropriate public education according to state statutes; and 5. "Student" means any person who is e ntitled to receive a free and appropriate public education acc ording to state statutes . D. The Digital Wallet Program shall be administered by the Governor, or his or her designee, to provide funds directly to parents for educational supplies, tutoring, t echnology needs, or other educational expenses. E. The Governor, or his or her designee , shall annually distribute all available grant funding to parents in the Digital Wallet Program in the following order: 1. On or after July 1 and before August 1 of each year, grants shall only be distributed to parents whose household income is equal to or less than one hundred eighty -five percent (185%) of the federal poverty level; Req. No. 9060 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2. On or after August 1 and before September 1 of each year, and if there are availa ble funds, grants shall only be distributed to parents whose household income is equal t o or less than three hundred percent (300%) of the federal poverty level; 3. On or after September 1 and before Octob er 1 of each year, and if there are available fund s, grants shall only be distributed to parents whose household income is equal to or less than three hundred fifty percent (350%) of the federal poverty level; and 4. On or after October 1 of each year, and if there are available funds, grants shall be di stributed to parents of all income levels until all available funds in the program ar e distributed. F. On or by December 31 of each year, the Governor, or his or her designee, shall submit an annual report on the Digital Wallet Program to the Preside nt Pro Tempore of the Oklahoma State Senate and the Speaker of the Oklahoma House of Representatives. The contents of the report shall include, but are not limited to, the following information: 1. The number of grants awarded to parents in each month of the year; 2. The number of grants awarded to parents by income le vel; 3. The average amount of funds distributed to parents and the median amount of funds distributed to parents; 4. The number of applicants for grants; and Req. No. 9060 Page 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 5. The amount of funds expended f or the administration of the program. SECTION 2. This act shall become effective July 1, 2022. SECTION 3. It being immediately necessary for the preservation of the public peace, health or safety, an emergency is hereby declared to exist, by reason whereof thi s act shall take effect and be in full force from and after its passage and approval. 58-2-9060 EK 12/17/21