School districts under states of emergency; clarify role of interim superintendent appointed by the SBE when district returns to local control.

New Section 3 authorizes the State Board of Education to create rules governing school board member professional conduct and establishes penalties including compensation reduction and dismissal for violations.

New Section 1(15)(b) creates the School District Emergency Assistance Fund with up to $3 million annually to provide interest-free loans to districts with financial impairments.

The interim superintendent's advisory role after state intervention was extended from one year to two years, with the new superintendent serving as deputy during this period.

New Section 1(18) requires school districts to comply with state audit standards for fixed asset verification as a minimum accreditation requirement.

Multiple subsections were deleted including provisions about accountability system criteria, feeder patterns, and various deleted sections that were reorganized in the Committee Substitute.