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 the community. The governing board will oversee the school's operations, including budgeting, contracting for services, and reporting on student achievement and enrollment.

The public lab school will be funded through the education resource block grant model and is required to accept students starting in the 2025-2026 school year. It will have a maximum capacity of 200 students, with enrollment preferences for returning students and siblings of current students. The school will be exempt from certain district policies and state regulations, although it must comply with civil rights, health, safety, and assessment requirements applicable to public schools. The governing board will have the authority to negotiate contracts for the school's operation and will report annually to the joint education interim committee on its implementation and administration.