Education reporting requirements.

Repeals provisions that require the following: (1) Annual school performance reports by school corporations and charter schools. (2) Annual financial reports by school corporations. (3) An annual report regarding foster care youth educational outcomes by the state board of education (state board). (4) An annual report on homeless youth educational outcomes by the state board. (5) The department of education (department) to publish certain information on the department's website regarding teachers and administrators. (6) The department to report on the department's website the median earned income of graduates of a particular school year. (7) An annual report of information concerning the high school equivalency pilot program by participating school corporations. Removes a corresponding provision that provides a school corporation may not issue certain bonds unless the school corporation has filed an annual financial report. Establishes a data base for education information sharing among state agencies. Establishes requirements regarding use of the data base and requesting information from school corporations and public schools. Establishes the education information committee (committee). Requires the committee to: (1) study and make recommendations for reducing and streamlining information requests and production from school corporations and public schools; and (2) submit a report to the governor and legislative council concerning the committee's recommendation.