Read Act modified, appropriations cancelled; education innovation provisions modified; P-TECH approval process modified; Office of Achievement and Innovation established in the Department of Education; equity, diversity, and inclusion appropriation modified; school performance reporting system established; fund transfers for fiscal years 2025 through 2029 authorized; and school board authorized to not comply with recently enacted state laws or rules.

This bill modifies Minnesota's "Read Act" to require literacy instruction based on "science of reading" research, emphasizing evidence-based methods like phonics and decoding while explicitly excluding the three-cueing system. It establishes a new Office of Achievement and Innovation within the Department of Education to support literacy implementation and creates a statewide school performance reporting system. The bill also allows school boards to opt out of complying with certain recently enacted state education laws or rules and authorizes fund transfers for education programs through fiscal year 2029. These changes directly affect all Minnesota public school districts, educators, and students by reshaping literacy instruction requirements and school accountability systems.