Schools; directing the State Department of Education to establish the School Innovation Grant Program; providing application process. Effective date. Emergency.

SB 243 creates a new School Innovation Grant Program administered by Oklahoma's State Department of Education, providing one-time grants to public school districts for educational innovations. School districts apply using a standardized form detailing their proposed innovation, requested funding for materials, and success metrics, with applications reviewed first-come, first-served. Funding is allocated based on school size: 40% to districts with fewer than 1,000 students, 30% to districts with 1,000-2,500 students, and 30% to larger districts, using a new revolving fund created by the bill. After one year, grant recipients must report on the innovation's impact to the State Department of Education, which then submits a summary report to state leadership.