The bill amends Section 3-134 of Title 70 of the Oklahoma Statutes, which pertains to the application process for charter schools. It removes the requirement for charter school applications to be submitted first to the local school district, allowing applicants to submit their applications directly to a proposed sponsor starting July 1, 2025. Additionally, the bill mandates that applicants complete a training program provided by the Statewide Charter School Board before submitting their applications. This training will cover the process and requirements for establishing a charter school or virtual charter school, and sponsors will also be required to undergo training on their oversight duties.

Furthermore, the bill updates various statutory language and establishes a timeline for the application process, including provisions for applicants to submit revised applications if initially rejected. It also outlines the responsibilities of sponsors, including the Statewide Charter School Board, in overseeing charter schools and ensuring compliance with educational standards. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage and approval.