The bill establishes the Oklahoma Education and Workforce Efficiency Data System (EDS), a secure platform designed for the de-identification, exchange, and matching of education and workforce data among approved entities. The EDS aims to provide state agencies and legislators with access to de-identified data to enhance educational and workforce outcomes while ensuring taxpayer funds are utilized effectively. The system will integrate data from various state agencies, implement identity management to protect personal information, and comply with relevant privacy laws. Additionally, the EDS will not serve as a state student identification system or directly report data to federal agencies, ensuring that personal data remains confidential.

To oversee the EDS, the bill creates the Efficiency Data System Governance Council, which will consist of nine voting members from key educational and workforce agencies, along with experts in data privacy and public policy. The Council will be responsible for data governance, approving data access policies, and ensuring the system's operational readiness by June 30, 2027. The EDS will be funded through state appropriations, federal grants, and other approved sources, with the Commission for Educational Quality and Accountability tasked with implementing the necessary rules. The act is set to take effect on July 1, 2025.