This bill creates the Commission on Innovation and Excellence in Education for the purposes of developing a statewide vision and implementation plan to improve the education system in this State. Section 3 of this bill creates the Commission and prescribes the membership of the Commission, consisting of 24 persons representing a variety of stakeholders. Section 4 of this bill requires the Commission to: (1) conduct a study comparing the education policies of this State to those of high-performing international and domestic education systems; (2) make recommendations on how to adapt the appropriate education policies of those high-performing education systems into the public education system in this State; (3) make recommendations on how to put the performance of pupils in this State in parity with the performance of those pupils in high-performing education systems; (4) incorporate any relevant findings of any previous or ongoing studies related to funding for education; and (5) develop an implementation plan for the recommendations made, including an analysis of the costs involved. Section 5 of this bill makes an appropriation to the Commission for travel expenses for members of the Commission. Section 6 of this bill makes an appropriation to the Commission for the Commission to enter into a contract with an organization to assist in the work of the Commission.