Requires the Department of Public Instruction (DPI) to conduct study as title indicates, including analysis of the eleven specified matters relevant to the feasibility and potential outcomes of a statewide year-round school calendar. Requires DPI to report its findings and recommendations to the specified NCGA committee by February 1, 2027. Appropriates $50,000 for 2026-27 from the General Fund to DPI, to be used for costs associated with conducting the study and preparing the report. Effective July 1, 2026.