House Bill No. 1621, known as the "State Department of Education Spending Transparency Act," aims to enhance public access to information regarding state expenditures related to education. The bill mandates the establishment of an Internet-based portal by the State Treasurer, which will provide detailed information about expenditures made by the State Department of Education. This portal will include a comprehensive ledger of expenditures, searchable features, and the ability to download data in user-friendly formats. The act emphasizes the importance of transparency and efficiency in government spending, empowering taxpayers with the necessary information to understand how their funds are utilized.

Additionally, the bill outlines the responsibilities of the State Department of Education and the State Treasurer in developing and maintaining the database. It prohibits the inclusion of confidential information and mandates the creation of annual agreements to ensure proper data handling and security. The State Treasurer is also tasked with developing standardized reporting procedures and necessary administrative rules for the act's implementation. The act is set to take effect on November 1, 2025, and aims to promote accountability in the management of education funds in Oklahoma.