Teachers; allowing public school districts and charter schools to provide certain designations to certified classroom teachers; creating the Distinguished Educator Allotments Revolving Fund. Effective date. Emergency.

SB 246 establishes a system for Oklahoma public school districts and charter schools to designate certified classroom teachers as "Master," "Exemplary," or "Recognized" based on student academic growth metrics. Teachers qualify with 70%, 60%, or 55% of students meeting/exceeding growth targets, respectively. The bill creates the Distinguished Educator Allotments Revolving Fund, providing schools with $12,000-$32,000 per Master-designated teacher and $6,000-$18,000 per Exemplary-designated teacher annually. The State Board of Education sets standards for these designations and monitors implementation, while schools must certify fund usage and report to state officials.