The bill focuses on enhancing education finance in Minnesota by modifying how schools calculate compensatory revenue eligibility, which will now consider both direct certification and the application of educational benefits. It establishes a Compensatory Revenue Task Force to analyze the compensatory revenue formula, including its purpose, revenue levels, distribution, and usage. Additionally, the bill modifies professional development requirements for teachers under the Read Act, ensuring that specific educators receive evidence-based training by set deadlines. It also increases funding for teacher training and the school unemployment aid account, while requiring regular reports on these initiatives.

Key amendments include changes to Minnesota Statutes 2024, specifically sections 120B.123, 126C.10, and 126C.15. Notably, the bill allows for a temporary increase in the percentage of compensatory revenue that can be allocated to school sites under certain conditions, and it mandates that the commissioner of education determine eligibility for free and reduced-price meals using both direct certification and educational benefits. The task force is required to report its findings to the legislature by February 2026 and 2027, and the bill includes appropriations for various educational initiatives, including teacher compensation for training and unemployment aid for hourly workers during the summer term.

Statutes affected:
Introduction: 120B.123, 126C.10, 126C.15