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ENGROSSED SENATE
BILL NO. 2 By: Bergstrom of the Senate
and
Hasenbeck of the House
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 Finan ce
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 f inance, 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 o perated in a cost-
effective manner;
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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 reason whereof thi s act shall take effect and
be in full force from and after its passage and approval.
Passed the Senate the 1st day of March, 2021.
Presiding Officer of the Senate
Passed the House of Representatives the ____ day of __________,
2021.
Presiding Officer of the House
of Representatives