This bill amends several sections of the Oklahoma Statutes concerning class size limitations in schools. Key changes include the modification of the date after which penalties for exceeding class size limits will be applied, changing it from "the first nine (9) weeks" to "October 1" of each school year. Additionally, the bill clarifies that certain classes, such as physical education and fine arts, are not subject to class size limitations. It also updates the language regarding penalties for exceeding class size limits, specifying that penalties will be calculated based on the number of students exceeding the limit multiplied by various funding weights.

Furthermore, the bill removes the State Board of Education's ability to set specific dates for class size counts and establishes that school districts will not be penalized for exceeding class size limits if they have voted indebtedness or are voting the maximum millage allowable for school support. The bill emphasizes the importance of compliance with class size regulations, stating that violations may lead to a reduction in state aid and potential denial of accreditation. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage.