This bill establishes a new law that prohibits institutions of higher education within The Oklahoma State System of Higher Education from using state funds to provide scholarships, grants, tuition aid, or discounted tuition to foreign national students starting from the 2026-2027 academic year. The Oklahoma State Regents for Higher Education are tasked with promulgating rules to implement this provision.

The act is set to take effect on July 1, 2026, and includes an emergency clause, indicating that it is immediately necessary for the preservation of public peace, health, or safety, allowing it to be enacted as soon as it is passed and approved.