OK SB363

Private and out-of-state public degree-granting institutions must be accredited by a U.S. Department of Education-recognized agency and be domiciled within the United States or its territories

Religious degree-granting institutions are newly exempt from state accreditation requirements if they are 501(c)(3) tax-exempt, U.S.-domiciled, and offer only degrees with religious purpose, content, and naming

The exemption for religious degrees narrows from institutions whose "primary" purpose is religious training to those whose "sole" purpose is religious training or theological education

Oklahoma State Regents' authorization policies must focus on ensuring institutions meet standards for academic quality, student consumer protection, and fiscal responsibility comparable to state institutions

Effective date is July 1, 2025, with emergency clause for immediate effect upon passage