Senate Bill No. 235 establishes the "Grow Your Own Educator Program" in Oklahoma, aimed at providing matching fund grants to eligible school districts that support their employees pursuing undergraduate degrees in teacher preparation programs. The bill defines an eligible school district as a public school district or foundation that offers tuition or loan repayment assistance to its employees. To participate, districts must submit an application detailing the requested grant amount, the employee's position, and the subject area of study. Grants will be awarded on a first-come, first-served basis, contingent on available funds in the newly created Grow Your Own Educator Revolving Fund.

Additionally, the bill mandates that participating school districts submit annual reports on the progress of employees receiving assistance, while the Office of Educational Quality and Accountability is required to report to state leadership on grant recipients and their respective subject areas. The bill also includes provisions for the Commission for Educational Quality and Accountability to create rules for implementation. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate enactment upon passage and approval.