The bill aims to revise existing laws concerning teacher recruitment and retention by establishing a Teacher Residency Program, which will be administered by the Office of Public Instruction. It includes legislative findings and intent, outlines the parameters of the program, and provides necessary definitions to ensure clarity and effectiveness.

Additionally, the bill includes an appropriation to support the implementation of the Teacher Residency Program, which is designed to enhance the recruitment and retention of qualified teachers in the education system. The effective date of the bill is also specified, ensuring that the provisions will be enacted in a timely manner.