The bill focuses on enhancing education finance in Minnesota, specifically targeting funding and provisions for prekindergarten through grade 12 education. It proposes various modifications to existing laws, including the insertion of the term "public" to clarify that certain provisions apply specifically to public school students. Key changes include the repeal of statutes related to nonpublic school transportation, adjustments to compensatory education revenue calculations, and the establishment of a compensatory revenue working group to recommend changes to the funding formula. The bill also introduces new provisions for literacy incentive aid, ensuring that funding allocations are based on student demographics and performance.

Additionally, the bill outlines appropriations for various educational initiatives, including support for student support personnel, alternative teacher compensation, and programs aimed at increasing the number of educators of color. It establishes a grant program for developing a diverse student support personnel workforce and introduces a marketing campaign to attract diverse teaching candidates. The bill also addresses funding for educational programs, including adult basic education, mental health services, and school nutrition programs, while ensuring that appropriations are available until June 30, 2027. Overall, the bill aims to improve educational outcomes and support for both students and educators in Minnesota.

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