School boards; panic alarm systems in each school required. Requires each school board to equip each public elementary and secondary school building in the local school division with a panic alarm system that includes at least one panic alarm device in each classroom or other room in the building which students will be present and that adheres to nationally recognized industry standards. The bill defines "panic alarm system" as a silent security system by which the user manually activates a device that sends a non-audible signal to the local 9-1-1 public safety answering point that indicates a school security emergency that requires immediate response and assistance from such public safety answering point, including a non-fire evacuation, lockdown, medical emergency, or active shooter situation. The bill has a delayed effective date of July 1, 2026.