This bill establishes a public lab school for students in kindergarten through grade eight in Wyoming, aimed at promoting differentiated instruction, serving as a teacher education institution, and identifying best teaching practices for statewide application. The school will be a collaborative effort between the University of Wyoming and the local school district, located on the university's main campus. It will operate independently within the district and be governed by a board consisting of eight members, including representatives from the school district, the university, and parents, with the principal serving as an ex-officio member.

The governing board will oversee the school's operations, including budgeting, contracting for services, and student placements. The school will be funded through the education resource block grant model and is required to report annually on its implementation and performance. Enrollment will be open to all students in the resident district, with a maximum capacity of 200 students, and a lottery system will be used if applications exceed capacity. The school is expected to begin operations by the 2025-2026 school year, with provisions for waiving certain district policies and state regulations to enhance its educational program.