Req. No. 19 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 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 1st Session of the 58th Legislature (2021) SENATE BILL 2 By: Bergstrom AS INTRODUCED An Act relating to school finances; amendi ng Section 4, Chapter 379, O.S.L. 2017 (7 0 O.S. Supp. 2020, Section 3-117.3), which relates to the School Finance Review Commission; directing the commission to conduct a review of certain m atters; providing an effective date; and declaring an emergency . BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY Section 4, Chapter 379, O.S.L. 2017 (70 O.S. Supp. 20 20, Section 3-117.3), is amended to read as follows: Section 3-117.3. A. The School Finance Review Commission shall conduct a review of all matters related to school finance , including but not limited to teacher: 1. Teacher compensation, and benefits and administration; 2. Administrative costs including administrative functions that may be shared between school districts; 3. Opportunities for school districts to be operated in a co st- effective manner; Req. No. 19 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 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 4. Variances in per-pupil and administrative expenditures among school districts with compara ble enrollment, demographics and outcomes on statewide assessments; and 5. Expenditures that are not directly or sufficiently related to improving student outcomes . B. The Commission shall submit a report of its findings to the Governor, the President Pro Tempore of the Senate and the Speaker of the House of Representatives no later than D ecember 31, 2023, and every subsequent four (4) years by December 31. SECTION 2. This act shall become effective July 1, 2021. SECTION 3. It being immediately necessary for the preser vation of the public peace, health or safety, an emergency is hereby declared to exist, by re ason whereof this act shall take effect and be in full force from and after its passage and approval. 58-1-19 EB 11/16/2020 8:56:07 AM