HB 3590, the Oklahoma Opportunity Scholarship Act of 2026, expands tax credits for Oklahoma taxpayers who contribute to scholarship-granting organizations. It increases the maximum annual tax credit: to $5,000 for single filers (up from $1,000), $10,000 for married couples filing jointly (up from $2,000), and $250,000 for businesses (up from $100,000). Taxpayers who commit to contribute the same amount for two consecutive years qualify for a 100% credit (up from 75%) on those contributions. The bill affects Oklahoma taxpayers making eligible contributions and requires scholarship organizations to submit annual financial reports to the Oklahoma Tax Commission. It takes effect January 1, 2027.
SB 1477 limits concurrent enrollment in college courses to high school students under 21 years of age, prohibiting those 21 or older from participating. The bill amends Oklahoma Statutes Section 628.13 to establish this age restriction, affecting high school students aged 21 and above who would no longer qualify for college course enrollment through their high school program. This change directly alters eligibility for concurrent enrollment, a program allowing students to earn college credit while still in high school. The law takes effect July 1, 2026.
HB 1590 establishes the "Oklahoma Education Infrastructure Linked Deposit Program" to provide reduced-rate loans for school infrastructure projects. It directly affects charter schools and nonprofit education service entities by enabling them to access funding for constructing, expanding, or repairing buildings and integrated systems like HVAC. The program works by having the State Treasurer place state funds (as certificates of deposit) with eligible banks, which then offer these low-cost loans to qualifying schools, requiring borrowers to certify funds will be used solely for infrastructure. The State Treasurer and Board review applications, with banks applying standard credit checks and prioritizing schools based on local educational needs.
HB 3705 increases Oklahoma's Parental Choice Tax Credit Program, allowing taxpayers to claim credits for education expenses of eligible students. The bill raises the maximum annual credit for private school tuition to $7,500 (or actual tuition, whichever is lower) for families earning under $75,000, with tiered reductions up to $5,000 for households earning over $250,000. It also creates special credit tiers for students experiencing homelessness ($7,500) and those at financially disadvantaged private schools (maximum credit based on average school costs). Qualified expenses include tuition, tutoring, textbooks, and standardized test fees, but exclude scholarship-funded amounts. This directly affects Oklahoma families choosing private education or approved alternative learning programs.
HB 3151, the Education Reform Act of 2026, sets minimum requirements for classroom instruction time in Oklahoma public schools. It mandates that districts provide at least 181 days or 1,086 hours of actual classroom instruction annually, prohibiting the counting of more than 30 hours of staff meetings or 12 hours of parent-teacher conferences toward this total. Starting in 2026-2027, schools cannot count virtual instruction days toward the required hours, except for up to two days (12 hours) per year with prior approval of the Superintendent of Public Instruction. The bill directly affects all Oklahoma public school districts and charter schools by defining what constitutes valid instructional time.
This bill proposes a constitutional amendment to establish the "Tobacco Settlement Endowment Trust Fund" for Oklahoma's tobacco settlement funds. It requires that at least 75% of new tobacco settlement payments (after 2001) be deposited into this trust fund, with specific percentages increasing over time. The trust fund's earnings must be used for cancer research, tobacco prevention programs, children's health initiatives, senior care programs, and education-related expenses, with unused funds remaining in the trust. The amendment creates two governing boards to manage investments and allocate funds, and it would require voter approval before taking effect.
HB 3704 directs Oklahoma to participate in a federal income tax credit program allowing individuals to claim a credit for donations to scholarship granting organizations (SGOs). The bill requires the Governor to certify Oklahoma's participation to the U.S. Treasury and designates the Oklahoma Tax Commission to register SGOs, maintain their lists, and handle federal reporting. This enables Oklahoma taxpayers to claim the federal credit for qualifying donations, while coordinating with Oklahoma's existing state tax credit for SGO contributions. The law takes effect July 1, 2026, and remains in place until changed by law or federal policy.
HB 3025 modifies Oklahoma school district funding rules for gift, grant, and donation monies. It requires schools to place funds received for building projects (capital expenditures) into a dedicated building fund, not the general fund. For noncapital funds (like operational costs), districts may retain them in the general fund but must wait one year before using them, preventing immediate spending. This affects all Oklahoma public school districts receiving external funds for school operations or construction. The bill clarifies how districts must categorize and manage these funds to ensure proper financial accountability.
SB 1262 provides a resident tuition waiver for Oklahoma students under 18 who were victims of human trafficking for commercial sex or labor, as defined in Oklahoma law. The waiver covers no resident tuition at Oklahoma public colleges and universities but is limited to five years from the date of eligibility. It requires rules to be established for implementation and takes effect immediately upon passage. The bill directly affects Oklahoma residents who were minors during specific trafficking offenses.
SB 366 changes Oklahoma's charter school application process by removing the requirement for applicants to first submit proposals to the local school district. Instead, starting July 1, 2025, new charter school applications must be submitted directly to a proposed sponsor (such as a school district board, university, or approved organization). This applies to all new applications filed after July 1, 2024, streamlining the process for charter school developers. Virtual charter schools remain subject to separate submission rules with the Statewide Charter School Board. The bill updates statutory language to reflect this procedural shift.
