House committee substitute makes the following changes to the 2nd edition.

Clarifies that in awarding credit for salary purposes to teachers, principals, and assistant principals, the State Board of Education (SBE)is to award one full year of experience credit for each two years of full-time relevant non-teaching work experience completed (was, non-teaching work experience obtained) while on active military duty in the US Armed Forces and before earning a bachelor's degree (was, by individuals without a bachelor's degree). Awards one full year of experience credit for every two years of full-time instructional or leadership training while on active military duty in the Armed Forces, regardless of the academic degree held while participating in the training (was, limited relevant non-teaching work experience that could be credited for salary purposes for military veterans to five years).

Directs the SBE to include in the specific criteria developed for determining the relevance of non-teaching work experience earned while on active military duty a process for reviewing and accepting military transcripts and corresponding American Council for Education (CE) recommendations for awarding academic and experiential credit.

Requires the SBE to study (1) the costs and benefits of providing student teaching stipends to persons pursuing a teacher or school administrator licensewho served in the military and are retiredor were honorably discharged and (2) the potential reductions in teacher and school administrator licensure requirements for individuals who are certified master instructors. Directs the SBE to report the results of the study to the Joint Legislative Education Oversight Committee by December 9, 2013.