The bill amends various sections of Minnesota Statutes to enhance education finance and governance for prekindergarten through grade 12. It introduces significant changes to funding mechanisms, including an increase in consolidation transition aid from $200 to $424 per resident pupil unit for newly created districts, and modifies the management of referendum revenues during district consolidations. The bill also establishes new provisions for English learner cross subsidy aid, increasing the aid percentage from 25% to 31.367% starting in fiscal year 2028, and introduces additional general education revenue for charter schools. Furthermore, it emphasizes equitable transportation treatment for public school students and outlines responsibilities for school boards in providing these services.

Additionally, the bill establishes a task force to analyze the general education compensatory revenue formula and mandates the development of a cardiac emergency response plan by the 2026-2027 school year. It includes appropriations for various educational initiatives, such as grants for career and technical education, emergency medical training, and support for full-service community schools. The legislation also addresses the administration of teacher preparation programs, enhancing the qualifications for paraprofessionals, and ensuring equitable access to educational resources for nonpublic school students. Overall, the bill aims to improve educational funding, support diverse student populations, and streamline administrative processes within Minnesota's education system.

Statutes affected:
Introduction: 123B.84, 123B.86, 123B.87, 123B.92, 126C.05, 126C.10, 127A.45, 124D.861, 124D.862, 124D.98, 122A.414, 122A.4144, 122A.415, 122A.635, 122A.70, 124D.901, 122A.63, 124D.83, 125A.76, 126C.40, 124D.111, 124D.119
1st Engrossment: 123A.485, 123A.73, 123B.84, 123B.86, 123B.87, 123B.92, 124D.65, 124D.995, 124E.20, 126C.05, 126C.10, 126C.17, 127A.47, 120B.124, 120B.241, 121A.642, 124D.231, 124D.42, 124D.861, 124D.862, 124D.98, 120B.117, 122A.59, 122A.635, 122A.70, 124D.901, 136A.1276, 122A.63, 124D.81, 124D.83, 125A.76, 123B.595, 123B.57, 123B.591, 123B.59, 123B.63, 123B.71, 126C.40, 126C.45, 124D.111, 124D.119, 124D.992, 127A.41, 127A.45, 142D.06, 142D.08, 142D.093, 142D.11, 127A.49
2nd Engrossment: 123A.485, 123A.73, 123B.445, 123B.84, 123B.86, 123B.87, 123B.92, 124D.65, 124D.995, 124E.20, 126C.05, 126C.10, 126C.17, 127A.47, 120B.124, 120B.241, 121A.642, 124D.231, 124D.42, 124D.861, 124D.862, 124D.98, 120B.117, 122A.59, 122A.635, 122A.70, 124D.901, 136A.1276, 122A.63, 124D.81, 124D.83, 125A.76, 123A.48, 123B.595, 123B.57, 123B.591, 123B.59, 123B.63, 123B.71, 125B.15, 126C.40, 126C.45, 127A.45, 124D.111, 124D.1158, 124D.119, 124D.992, 127A.41, 142D.06, 142D.08, 142D.093, 142D.11, 127A.49