SB 1527 Summary

• Establishes a new law (codified as Section 3206.7 of Title 70, Oklahoma Statutes) governing minimum hours for faculty teaching in baccalaureate degree programs in accounting.

• Prohibits the State Regents from issuing waivers or allowing students to graduate with an accounting baccalaureate degree unless they satisfy minimum teaching hour standards established by the State Regents.

• Effective date is July 1, 2012, with an emergency clause allowing the act to take effect immediately upon passage and approval.