SB 705 — Charter schools; renaming the Charter Schools Incentive Fund; directing transfer of certain remaining balance; modifying certain calculation. Effective date. Emergency.
Last action — Coauthored by Representative Caldwell (Chad) (principal House author)
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced February 03, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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2 sponsors
2 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (2 R).
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Cleared a recorded vote
Passed 1 recorded vote so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Bill Text
What changed in the latest version
177 added · 173 removedPlain-language change summary
The latest version of SB 705 introduces a new name for the fund that supports charter schools, changing it to the "Charter Schools Incentive and Closure Reimbursement Fund." This reflects a broader purpose in funding, emphasizing not just incentives but also reimbursement for closures. Additionally, the updated bill includes sources of funding such as gifts and donations, which could increase financial support for charter schools. These changes are important because they aim to provide a more stable and flexible funding mechanism for these schools, ultimately supporting their ability to operate effectively.
STATESENATE OFFLOOR OKLAHOMAVERSION 1stMarch Session4, of2025 the3 60th Legislature (2025) COMMITTEE SUBSTITUTE FOR SENATE BILL 705NO. By:
Pugh705 6By: COMMITTEE SUBSTITUTE An Act relating to charter schools;
Pugh 6 An Act relating to charter schools;
The fund shall be a continuing fund, Req.not subject to fiscal year limitations, and shall consist of all SENATE FLOOR VERSION - SB705 SFLR Page 1 (Bold face denotes Committee Amendments) monies appropriated by the Legislature, gifts, grants, devises, and donations from any public or private source, and all monies received by the Statewide Charter School Board from charter schools pursuant to subsection G of Section 3-142 of this title.
No.
1802 Page 1 not subject to fiscal year limitations, and shall consist of all monies appropriated by the Legislature, gifts, grants, devises, and donations from any public or private source, and all monies received by the Statewide Charter School Board from charter schools pursuant to subsection G of Section 3-142 of this title.
The student membership and attendance of a charter school shall be considered separate from the student Req.membership and attendance of the sponsor for the purpose of SENATE FLOOR VERSION - SB705 SFLR Page 2 (Bold face denotes Committee Amendments) calculating enrollment and funding including weighted average daily membership pursuant to Section 18-201.1 of this title and State Aid pursuant to Section 18-200.1 of this title.
No.
1802 Page 2 membership and attendance of the sponsor for the purpose of calculating enrollment and funding including weighted average daily membership pursuant to Section 18-201.1 of this title and State Aid pursuant to Section 18-200.1 of this title.
A sponsor of a charter school shall not charge any additional State Aid allocation or charge the charter school any additional fee above the amounts allowed by this subsection unless the additional fees are for additional services Req.rendered.
No.The charter school sponsor shall provide to the State SENATE FLOOR VERSION - SB705 SFLR Page 3 (Bold face denotes Committee Amendments) Department of Education financial records documenting any state funds charged by the sponsor for administrative services rendered for the previous year.
1802 Page 3 rendered.
The charter school sponsor shall provide to the State Department of Education financial records documenting any state funds charged by the sponsor for administrative services rendered for the previous year.
For the purpose of calculating weighted average daily membership pursuant to Section 18-201.1 of this title and State Aid pursuant to Section 18-200.1 of this title, the weighted average daily membership for the first year of operation of a new charter school site or grade level or full-time statewide virtual charter school shall be determined initially by multiplying the actual Req.enrollment of students as of August 1 by 1.333.
No.The charter school SENATE FLOOR VERSION - SB705 SFLR Page 4 (Bold face denotes Committee Amendments) or virtual charter school shall receive revenue equal to that which would be generated by the estimated weighted average daily membership calculated pursuant to this subsection.
1802 Page 4 enrollment of students as of August 1 by 1.333.
The charter school or virtual charter school shall receive revenue equal to that which would be generated by the estimated weighted average daily membership calculated pursuant to this subsection.
If otherwise allowed by law, the governing board of a charter school or virtual charter school may enter into private contracts for the purposes of borrowing money Req.from lenders.
No.If the governing board of the charter school or SENATE FLOOR VERSION - SB705 SFLR Page 5 (Bold face denotes Committee Amendments) virtual charter school borrows money, the charter school or virtual charter school shall be solely responsible for repaying the debt, and the state or the sponsor shall not in any way be responsible or obligated to repay the debt.
1802 Page 5 from lenders.
If the governing board of the charter school or virtual charter school borrows money, the charter school or virtual charter school shall be solely responsible for repaying the debt, and the state or the sponsor shall not in any way be responsible or obligated to repay the debt.
The fund shall be a continuing fund, Req.not subject to fiscal year limitations, and shall consist of all SENATE FLOOR VERSION - SB705 SFLR Page 6 (Bold face denotes Committee Amendments) monies received by the Statewide Charter School Board from charter schools as provided in subsection G of this section.
No.
1802 Page 6 not subject to fiscal year limitations, and shall consist of all monies received by the Statewide Charter School Board from charter schools as provided in subsection G of this section.
60-1-1802COMMITTEE EBREPORT 3/4/2025BY: 12:35:11 PM Req.
No.COMMITTEE ON EDUCATION March 4, 2025 - DO PASS AS AMENDED BY CS SENATE FLOOR VERSION - SB705 SFLR Page 7 (Bold face denotes Committee Amendments)
1802 Page 7
Amendments
1 amendmentClick Show changes on an amendment above to see how it modifies the bill.
Action History
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Coauthored by Representative Caldwell (Chad) (principal House author)
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Placed on General Order
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Reported Do Pass, amended by committee substitute Education committee; CR filed
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Second Reading referred to Education
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Authored by Senator Pugh
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First Reading
Sponsors
- Adam Pugh · Primary
- Chad Caldwell · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 0 co-sponsors · 149 not signed on
Sponsors (2)
- Adam Pugh Republican
- Chad Caldwell Republican
Co-sponsors (0)
None.
Not signed on (149)
149 members have not signed on to this bill.
Show all 149 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 8 | 0 | 0 | 0 |
| Democrat | 3 | 0 | 0 | 0 |
| Unaffiliated | 0 | 0 | 0 | 1 |
| Total | 11 | 0 | 0 | 1 |
| % of votes cast | 92% | 0% | 0% | 8% |
How each member voted (12)
| Member | Party | Vote |
|---|---|---|
| AMD SB705 PCS - ADOPTED (Request No: 1802) | — | Not Voting |
| Carri Hicks | Democrat | Yea |
| Jo Anna Dossett | Democrat | Yea |
| Mark Mann | Democrat | Yea |
| Aaron Reinhardt | Republican | Yea |
| Adam Pugh | Republican | Yea |
| Ally Seifried | Republican | Yea |
| Dave Rader | Republican | Yea |
| Dusty Deevers | Republican | Yea |
| Kelly Hines | Republican | Yea |
| Kendal Sacchieri | Republican | Yea |
| Roland Pederson | Republican | Yea |
Subjects
Frequently asked questions
- Who sponsors SB 705?
- SB 705 is sponsored by Adam Pugh (Republican) and Chad Caldwell (Republican).
- What is the current status of SB 705?
- This bill is in committee in the Senate. Introduced February 03, 2025. It must pass committee before a floor vote.
- Where can I track SB 705?
- Track SB 705 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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