Education; Oklahoma Equal Opportunity Education Scholarship Act; adding grants; definition of a scholarship-granting organization; defining capital improvement grant; information to be submitted to Tax Commission; effective date; emergency.

Added the name of the Senate sponsor (Seifried) to the bill header.

Updated the document title to reflect the 'Floor Version' status.

Reformatted the header and title section to align with standard floor version layout.

The definition of a 'scholarship-granting organization' was modified to explicitly include grants for capital improvement projects.

A new definition for 'capital improvement grant' was added to clarify the scope of eligible funding.

Requirements for information submitted to the Oklahoma Tax Commission were updated to include details on educational improvement grants and capital improvement projects.

Reporting obligations were strengthened to require organizations to submit audited financial statements detailing program benefits, successes, or failures.

Added 'capital improvement projects' to the definition of a scholarship-granting organization.

Expanded the definition of 'educational improvement grant' to include the Strong Readers Act and the Oklahoma Math Achievement and Proficiency Act.

Added 'capital improvement projects' to the definition of an educational improvement grant organization.

Updated the reporting requirements to include information on educational improvement grants and capital improvement projects when submitting data to the Oklahoma Tax Commission.

Changed the bill title from 'Education Reform Act of 2026' to 'Oklahoma Equal Opportunity Education Scholarship Act' and updated the effective date and session details to reflect the engrossed status.