Bill No. 1465 amends existing Oklahoma law regarding teacher pay computations by incorporating provisions that recognize military service in salary determinations. Specifically, the bill allows for up to five years of military service during a national emergency to be counted when calculating annual increments for teacher salaries and Foundation Aid. It also defines "military service" to include various branches of the U.S. military, including the Air Force, Army, Coast Guard, Marine Corps, Navy, Space Force, and their reserve components, as well as the National Guard.

Additionally, the bill updates the minimum salary schedule for certified personnel in public schools, ensuring that salaries and fringe benefits meet specified minimums based on years of experience and educational qualifications. It removes references to "Title 70 of the Oklahoma Statutes" in certain sections and clarifies that teachers with prior military service can receive credit for up to five years of active duty. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage.