The bill introduces the "Per Pupil Allowance Act of 2026," which establishes a new section of law that will not be codified in the Oklahoma Statutes. This act aims to address funding for education on a per pupil basis, although specific details regarding the funding mechanism or amounts are not provided in the text.

Additionally, the bill stipulates that it will take effect on November 1, 2026. This timeline allows for preparation and implementation of the provisions outlined in the act, although further details on the operational aspects of the Per Pupil Allowance are not included in the summary.