The bill establishes the LETRS Training Revolving Fund within the State Treasury, specifically for the State Department of Education. This fund will be a continuous source of financing, not limited by fiscal year constraints, and will consist of all state appropriations designated for the implementation of the fund's purpose. The Department will be authorized to budget and expend these funds for training in Language Essentials for Teachers of Reading and Spelling (LETRS) for certified teachers in prekindergarten through third grade in public schools. Expenditures from the fund will be managed through the State Treasurer and require approval from the Director of the Office of Management and Enterprise Services.

The bill mandates that the State Department of Education utilize the LETRS Training Revolving Fund to provide this essential training to all eligible teachers within a five-year timeframe, contingent upon the availability of funding. The act is set to take effect on July 1, 2026, and includes an emergency clause to ensure its immediate implementation upon passage and approval.