This bill establishes a new provision for statewide virtual charter schools in Oklahoma, allowing those that achieve a district composite academic achievement score within ten points of the state average to receive $100,000 for specific expenses such as lease payments, rental facilities for student testing, transportation, or student services. The eligibility for these funds will be based on the composite academic achievement score calculated two years prior, meaning that scores from the 2022-2023 school year will determine eligibility for the 2025 fiscal year.

Additionally, the bill clarifies that the funds provided to these virtual charter schools will be in addition to any other funds the district may receive or be eligible for. The act is set to take effect on July 1, 2025, and includes an emergency clause to ensure its immediate implementation upon passage and approval.