This bill amends the existing charter school application process in Oklahoma by removing the requirement for charter school applications to be submitted first to the local school district. Instead, beginning July 1, 2025, applicants will submit their applications directly to a proposed sponsor, which may include the Statewide Charter School Board. Additionally, the bill mandates that applicants complete a training program provided by the Statewide Charter School Board before submitting their applications. The training will cover the process and requirements for establishing a charter school or virtual charter school, and sponsors will also be required to undergo training on their oversight duties.

The bill also updates various statutory language and outlines the responsibilities of sponsors, including the powers to approve or deny charter applications, monitor compliance, and conduct annual performance reviews. It establishes a clear framework for the application process, including the necessary components that must be included in the application, such as mission statements, financial plans, and organizational structures. The effective date for these changes is set for July 1, 2025, and an emergency clause is included to ensure the bill takes effect immediately upon passage and approval.