An Act amending Title 24 (Education) of the Pennsylvania Consolidated Statutes, establishing the Educational Freedom for Families Program and the Teacher Excellence Incentive Fund; and imposing duties on the Department of Education and the State Treasurer.

SB 969 establishes Pennsylvania's "Educational Freedom for Families Program," providing state-funded education savings accounts for eligible students in the state's lowest-performing schools. The bill directly affects families with children in public schools ranked in the bottom 15% academically, allowing them to use funds for private school tuition, tutoring, homeschooling materials, or online programs. Key mechanisms include annual state appropriations matching per-pupil funding, portable accounts that follow students regardless of school choice, and strict oversight to prevent misuse. Additionally, the bill creates a "Teacher Excellence Incentive Fund" using reclaimed funds to award performance-based bonuses to educators based on measurable improvements in student test scores and graduation rates.