Multi-Million Dollar Education Initiative To Be Signed In Oklahoma

As lawmakers at the Oklahoma Capitol wrap up this legislative session, Gov. Kevin Stitt is signing a multi-million dollar education bill into law on Thursday.

It’s record spending for public education.

The bill will include the following:

1. $625 million in recurring funding will go towards public schools.
2. $500 million additional dollars into the funding formula- 
3. This will include funding teacher pay raises: giving $3,000 to $6,000 based on years of experience, and 6 weeks of paid maternity leave for teachers.
4. There will also be $125 million put into the state’s redbud funding, which is grant money that goes to lower income schools.
5. There will be additional one time funding for a reading initiative and school safety pilot program. 
6. There will also be $155 million for parent choice tax credits for private and homeschool students. Those will be given based on family income.

Gov. Stitt is signing the plan into law at 3 p.m. surrounded by parents, students and teachers.