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 funding is designed to be in addition to any other funds the district may already receive. The eligibility for these funds will be based on the composite academic achievement scores calculated two years prior, meaning that scores from the 2022-2023 school year will determine eligibility for the 2025 fiscal year.

The bill also includes a declaration of an emergency, allowing it to take effect immediately upon passage and approval, with a specified effective date of July 1, 2025. This legislation aims to support virtual charter schools in enhancing their educational services and resources, thereby promoting academic achievement among students in these institutions.