Teacher compensation.

Requires the department of education (department) to submit a report to the general assembly before November 1, 2025, that provides an analysis of the feasibility and cost of increasing school corporation employee health plan options. Creates the Indiana teacher recruitment program. Beginning June 30, 2025: (1) increases the minimum salary for a teacher employed by a school corporation to $45,000 (current law requires $40,000); and (2) requires a school corporation to expend an amount for teacher compensation that is not less than 65% of state tuition support (current law requires 62%). Amends the requirements for a school corporation and the department if the school corporation determines that the school corporation cannot meet minimum teacher salary requirements. Removes a provision that provides that the matrix rating system may not rank or compare teacher preparation programs.