1|ENGROSSED SENATE |
|BILL NO. 45 By: Bergstrom of the Senate |
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| Hasenbeck of the House |
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6| An Act relating to school finances; amending 70 O.S. |
| 2021, Section 3-117.3, which relates to the School |
7| Finance Review Commission; directing the Commission |
| to conduct a review of certain matters; providing an |
8| effective date; and declaring an emergency. |
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11|BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: |
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12| SECTION 1. AMENDATORY 70 O.S. 2021, Section 3-117.3, is |
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13|amended to read as follows: |
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14| Section 3-117.3. A. The School Finance Review Commission shall |
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15|conduct a review of all matters related to school finance, including |
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16|but not limited to teacher: |
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17| 1. Teacher compensation, and benefits and administration; |
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18| 2. Administrative costs including administrative functions that |
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19|may be shared between school districts; |
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20| 3. Opportunities for school districts to be operated in a |
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21|cost-effective manner; |
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22| 4. Variances in per-pupil and administrative expenditures among |
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23|school districts with comparable enrollment, demographics, and |
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24|outcomes on statewide assessments; and |
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1| 5. Expenditures that are not directly or sufficiently related |
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2|to improving student outcomes. |
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3| B. The Commission shall submit a report of its findings to the |
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4|Governor, the President Pro Tempore of the Senate, and the Speaker |
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5|of the House of Representatives no later than December 31, 2023, and |
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6|every subsequent four (4) years by December 31. |
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7| SECTION 2. This act shall become effective July 1, 2023. |
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8| SECTION 3. It being immediately necessary for the preservation |
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9|of the public peace, health, or safety, an emergency is hereby |
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10|declared to exist, by reason whereof this act shall take effect and |
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11|be in full force from and after its passage and approval. |
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12| Passed the Senate the 6th day of March, 2023. |
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| Presiding Officer of the Senate |
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16| Passed the House of Representatives the ____ day of __________, |
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17|2023. |
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| Presiding Officer of the House |
20| of Representatives |
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