Compensatory Revenue Task Force establishment, Read Act implementation professional development requirements modifications, teacher training funding provision, unemployment aid account increase provision, and appropriations

This bill modifies Minnesota's education finance system and teacher training requirements. It mandates that school districts provide evidence-based professional development to teachers by specific deadlines: K-3 educators and reading intervention staff by July 2026, and grades 4-12 reading teachers by July 2027. The bill also updates how schools calculate compensatory revenue eligibility using direct certification and education benefits, requires at least 80% of compensatory funds to be spent at the school building where students generating the revenue are served, and increases funding for teacher training and school unemployment aid accounts. These changes directly affect school districts, teachers, and students in Minnesota's public education system.