Modifies and establishes provisions relating to elementary and secondary education

HB 2860 requires school boards to publicly disclose financial transactions over $500 involving board members, employees, or their close family members, excluding routine payments like taxes. It also mandates written disclosures from school superintendents and key staff about outside business interests, including employer names and ownership stakes. For special education disputes, the bill shifts the burden of proof to school districts in due process hearings under federal law and restricts hearing commissioners from having recent ties to school districts or special education advocacy. These provisions directly affect school boards, administrators, and parents of students with disabilities. The bill aims to increase transparency in school district finances and ensure impartiality in special education decision-making.