This bill amends Section 26-105 of Title 70 of the Oklahoma Statutes, which pertains to the flexible benefit allowance for school district employees. The legislation introduces new provisions that increase the monthly taxable compensation for certified and support personnel who opt out of the school district's cafeteria plan. Specifically, certified personnel will receive $500 per month, while support personnel will also receive the same amount, effective from the date of the act. The bill also updates statutory references and language to reflect these changes.

Additionally, the bill clarifies the use of the flexible benefit allowance for employees participating in the cafeteria plan, allowing any excess allowance to be used for additional benefits or as taxable compensation. It also modifies the language regarding the entitlement of employees to the flexible benefit allowance upon termination of employment, ensuring that employees who fulfill their contract terms are entitled to the allowance for the remainder of the current benefit term. The act is set to take effect on November 1, 2026.