OK HB2693

School districts must spend at least 63% of general revenue fund expenditures on direct instructional activities for the 2018-2019 school year, increasing to 65% for 2019-2020 and thereafter

"Direct instructional activities" defined as expenses coded as instruction in the Oklahoma Cost Accounting System (OCAS); federal funds are excluded from the expenditure calculations

State Department of Education required to annually compute and report to the State Board the percentage of each district's expenditures used for direct instruction and the percentage of full-time-equivalent employees providing direct classroom instruction

School districts may request a one-year exemption from requirements if they demonstrate instructional expenses have already increased compared to the previous year

State Board of Education directed to promulgate rules for implementation, including sanctions for districts failing to meet spending requirements; effective November 1, 2016