The bill establishes the Career Counselor Revolving Fund within the State Treasury, specifically for the State Department of Education. This fund will be a continuous source of financial support for career counselors in school districts across Oklahoma, consisting of various sources such as appropriations, gifts, grants, donations, and bequests. The bill outlines that all funds received will be appropriated and can be budgeted and expended by the Department for the intended purpose, with expenditures made through warrants issued by the State Treasurer.
Additionally, the bill appropriates $1.5 million from the General Revenue Fund for the fiscal year ending June 30, 2027, to support the Career Counselor Revolving Fund. The act is set to take effect on July 1, 2026, and includes an emergency clause, allowing it to be enacted immediately upon passage and approval to ensure the timely provision of resources for career counseling in schools.