State Board of Education; allowing use of redbud fund grants for certain building fund purposes; State Board of Education; repealer. Effective date. Emergency.

This bill updates Oklahoma laws to clarify how school district building funds can be used, specifically allowing money from the Redbud Fund to be spent on purchasing and maintaining school buses. It also amends statutes governing the State Board of Education to remove outdated definitions and repeal previous rules regarding the board's powers and duties. By reclassifying the building fund as a current expense fund separate from the general operating fund, the legislation provides clearer guidance on how districts can manage capital projects and operational costs like utilities and security.