OK SB1126

Allocates $3.98 billion in total State School Aid and Programs for fiscal year ending June 30, 2026, including $3.12 billion for local and state financial support of public schools

Directs $410.9 million for certified employee health benefits, $247.7 million for support employee health benefits, and $35 million for Teachers' Retirement Credit

Funds specific education programs including $17.5 million for Strong Readers Act, $16.7 million for Early Intervention, $14 million each for Alternative/High Challenge Education and Early Childhood Initiative, and $13.4 million for Required Assessments

Transfers $3.25 million to the School Consolidation Assistance Fund and $3.25 million to the Teachers' Retirement System Dedicated Revenue Revolving Fund

Requires proportional reductions across specified programs if Teachers' Retirement Credit funds are insufficient, and authorizes exemptions from budgetary limits for unanticipated federal funds received after July 1, 2024