Req. No. 187 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 60th Legislature (2025) SENATE BILL 242 By: Pugh AS INTRODUCED An Act relating to higher education; creating the Veterans Entering Teaching (VET) Act; providing short title; defining terms; creating the V eterans Entering Teaching (VET) Program to provide tuition and mandatory fee assistance to certain eligible students; providing for eligibility; requiring eligible students to execute certain agreement; providing contents of agreement; providing eligibility retention requirements; providing for amount of assistance; prohibiting assi stance for certain courses or units; directing assistance to be allocated from certain fund; prohibiting individuals who accept certain assistance from also being eligible for certain program; directing certain federal benefits to be exhausted first; establishing assistance cap for each academic year; allowing funds to be set aside for full commitment; requiring repayment of assistance for failure to meet certain requirement; providing for calculation of repayment amount; providing for deposit of repayment amounts in certain fund; allowing for application of hardship waiver; providing for promulgation of rules; creating the Veterans Entering Teaching (VET) Revolving Fund; specifying source of fund; providing for expenditures; providing purpose of fund; 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 Sect ion 3234 of Title 70, unless there is created a duplication in numbering, reads as follows: Req. No. 187 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 A. This act shall be known and may be cited as the “Veterans Entering Teaching (VET) Act”. B. As used in this act: 1. “Eligible student” means a student who was discharged under honorable conditions from the United States Armed Forces who enrolls in an Oklahoma educational institution regardless of the home of record for the student; 2. “Home of record” means the place where a student was living when he or she enlisted or was commissioned into the United States Armed Forces or reenlisted in the United States Armed Forces; 3. “Oklahoma educational institution ” means an institution of higher education within The Oklahoma State System of Higher Education; and 4. “Program” means the Veterans Entering Teaching (VET) Program. C. There is hereby created the Veterans Entering Teaching (VET) Program to provide tuition and mandatory fee assistan ce to eligible students to earn a degree from an approved teacher preparation program at an Oklahoma educational institution if they agree to teach in a school district in this state for three (3) consecutive years. D. To be eligible to participate in the program during the 2025-2026 academic year and thereafter, an individual shall: 1. Enroll in an Oklahoma educational institution; Req. No. 187 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 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. Submit an application on a form prescribed by the Oklahoma State Regents for Higher Education; 3. Declare a major in an approved Oklahoma teacher preparation program leading to a standard teaching certificate; and 4. Execute an agreement pursuant to subsection E of this section. E. An eligible student who meets the criteria of subsection D of this section shall execute a n agreement stating that he or she shall: 1. Agree to earn a bachelor ’s degree from an approved teacher preparation program at an Oklahoma educational institution leading to a standard teaching certificate; 2. Agree to meet the requirements of Section 6 -187 of Title 70 of the Oklahoma Statutes to earn a standard teaching certifica te; and 3. Agree to teach in a school district in this state for three (3) consecutive years. The individual shall not be required to teach at the same school district for thre e (3) consecutive years. F. To retain eligibility for the program, an eligible student shall: 1. Maintain good academic standing and satisfactory academic progress while enrolled in an Oklahoma educational institution according to the institution ’s standards; and Req. No. 187 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 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. After earning a bachelor ’s degree from an approved Oklahoma teacher preparation program, submit annual proof of employment with a school district in this state to the Oklahoma State Regents for Higher Education. G. 1. The amount of assistan ce shall be equivalent to the amount of tuition and mandatory fees for courses in which the eligible student enrolls for completion of a bachelor ’s degree from an approved Oklahoma teacher preparation program. Assistance shall not be allowed for courses o r other postsecondary units taken in excess of the requirements for completion of a bachelor’s degree or taken more than five (5) years after the individual ’s first semester of enrollment in an Oklahoma educational institution. 2. Assistance provided purs uant to this subsection shall be allocated to the Oklahoma educational institution from the Veterans Entering Teaching (VET) Revolving Fund created pursuant to Section 2 of this act. H. An eligible student who accepts assistance pursuant to this section shall not also be eligible for the Inspired to Teach Program created in Section 698.1 of Title 70 of the Oklahoma Statutes. I. An eligible student seeking tuition and fee assistance pursuant to this section who is eligible for federal education benefits shall exhaust all available federal benefits first. J. Subject to the availability of funding, the amount of assistance provided to eligible students shall not exceed Two Req. No. 187 Page 5 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 Million Dollars ($2,000,000.00) for the 2025-2026 academic year and every academic year thereafter. Assistance shall be provided on a first-come, first-served basis and shall be granted without any limitation other than the amount of funds available for the program and the number of eligible students who apply. The State Regents may, at the time assistance is provided on behalf of an eligible student, set aside funds in the Veterans Entering Teaching (VET) Revolving Fund created pursuant to Section 2 of this act for the full commitment made to the student. K. An individual who has receive d program assistance pursuant to this section and who fails to comply with the agreement executed pursuant to subsection E of this section shall be required to repay an amount to be calculated as follows: 1. Determine the total amount of program assistance provided pursuant to the provisions of this section; 2. Divide the amount determined in paragraph 1 of this subsection by twelve (12); and 3. Multiply the amount determined in paragraph 2 of this subsection by the number of months the individual did no t fulfill the requirements of the agreement executed pursuant to subsection E of this section. Repayments shall be deposited into the Veterans Entering Teaching (VET) Revolving Fund created pursuant to Section 2 of this act. Req. No. 187 Page 6 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 L. An individual who has rece ived program assistance pursuant to this section and who fails to comply with the agreement executed pursuant to subsection E of this section due to hardship circumstances may request a waiver from repayment from the Oklahoma State Regents for Higher Educa tion. M. The Oklahoma State Regents for Higher Education shall promulgate rules to implement the provisions of this section. SECTION 2. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 3235 of Title 7 0, unless there is created a duplication in numbering, reads as follows: There is hereby created in the State Treasury a revolving fund for the Oklahoma State Regents for Higher Education to be designated the “Veterans Entering Teaching (VET) Revolving Fun d”. The fund shall be a continuing fund, not subject to fiscal year limitatio ns, and shall consist of all monies received by the State Regents from legislative appropriations provided for the purpose of implementing the Veterans Entering Teaching (VET) Pr ogram created in Section 1 of this act. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended by the State Regents for the purpose provided for in this section. Expenditures from the fund shall be made upo n warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of the Office of Management and Enterprise Services for approval and payment. Req. No. 187 Page 7 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 SECTION 3. This act shall become effective July 1, 2025. SECTION 4. It being immediately necessary for the preservation of the public peace, health, or safety, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval. 60-1-187 EB 12/30/2024 5:24:12 PM