SB 240
School funding; modifying calculation of State Aid; increasing percentage of certain funds to be retained. Effective date.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill changes how Oklahoma schools receive state funding, known as State Aid. It adjusts the formula used to calculate these funds and requires a larger portion of certain school district revenues to be kept locally, rather than sent to the state. The goal is to provide more financial flexibility and control to individual school districts. The bill also sets an effective date for these changes.
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