Oklahoma · 2026 Regular Session · Bill

SB 706: School funding; removing limitations on school district general fund carryover and penalties for exceeding limitations. Effective date. Emergency.

Passed one chamber Last action April 13, 2026: Recommendation to the full committee; Do Pass, amended by committee substitute Appropriations and Budget Education Subcommittee

Plain-language summary

SB 706 is a bill introduced in the Oklahoma Senate on February 3, 2025. According to its official title, it concerns: School funding; removing limitations on school district general fund carryover and penalties for exceeding limitations. Effective date. Emergency. Primary sponsor: Adam Pugh (Republican), Dick Lowe (Republican). Most recent recorded action (April 13, 2026): Recommendation to the full committee; Do Pass, amended by committee substitute Appropriations and Budget Education Subcommittee.

Sponsors

Primary sponsors: Adam Pugh (Republican); Dick Lowe (Republican).