Allows private schools that meet state requirements for public school districts to receive public funding

This bill proposes allowing private schools in the state to receive public funding if they meet the same standards required of public schools. Under the new rules, eligible private schools would get state aid and local effort amounts for each student enrolled, starting with the 2025-26 school year. Conversely, private schools that fail to satisfy these state requirements would not qualify for any such funding. The legislation defines key terms like "private school" and "state requirements" to clarify which institutions and criteria apply to the funding distribution.