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38 | 39 | | An Act relating to school finances; amendi ng 70 O.S. |
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39 | 40 | | 2021, Section 3-117.3, which relates to the School |
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40 | 41 | | Finance Review Commission; di recting the Commission |
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41 | 42 | | to conduct a review of certain matters; providing an |
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42 | 43 | | effective date; and declaring an emergency . |
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48 | 49 | | BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: |
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49 | 50 | | SECTION 1. AMENDATORY 70 O.S. 2021, Section 3-117.3, is |
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50 | 51 | | amended to read as foll ows: |
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51 | 52 | | Section 3-117.3. A. The School Finance Review Commission shall |
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52 | 53 | | conduct a review of all matters related to school finance , including |
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53 | 54 | | but not limited to teacher: |
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54 | 55 | | 1. Teacher compensation, and benefits and administration; |
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55 | 56 | | 2. Administrative costs including administrative functions that |
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56 | 57 | | may be shared between school districts; |
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57 | 58 | | 3. Opportunities for school districts to be operated i n a cost- |
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58 | 59 | | effective manner; |
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59 | 60 | | 4. Variances in per-pupil and administrative expenditures amon g |
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60 | 61 | | school districts with compara ble enrollment, demographics, and |
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61 | 62 | | outcomes on statewide assessments; and |
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88 | 90 | | 5. Expenditures that are not directly or sufficiently related |
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89 | 91 | | to improving student outcomes . |
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90 | 92 | | B. The Commission shall submit a report of its findings t o the |
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91 | 93 | | Governor, the President Pro Te mpore of the Senate, and the Speaker |
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92 | 94 | | of the House of Representatives no later than D ecember 31, 2023, and |
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93 | 95 | | every subsequent four (4 ) years by December 31. |
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94 | 96 | | SECTION 2. This act shall become effective July 1, 2023. |
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95 | 97 | | SECTION 3. It being immediately necessary for the preservation |
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96 | 98 | | of the public peace, health , or safety, an emergency is hereby |
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97 | 99 | | declared to exist, by reason whereof thi s act shall take effect and |
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98 | 100 | | be in full force from and after its pas sage and approval. |
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