Part I.

Amends Section 8.8 of SL 2016-94 to no longer consider the Advanced Placement/International Baccalaureate Program as a pilot program. Makes conforming changes to refer to "program" instead of "pilot program." Amends the bonuses paid under the program to allow awarding bonuses for advanced course scores collected from the 2015-16 and 2016-17 school years, payable in January 2017 and 2018, to qualifying advanced course teachers (no longer requiring those teachers to have remained employed teaching advanced courses in the same local school administrative unit at least from the school year the data is collected until the school year that the bonus is paid).

Part II.

Amends Section 8.9 of SL 2016-94 to no longer consider the Industry Certifications and Credential Teacher Bonus Program as a pilot program. Makes conforming changes to refer to "program" instead of "pilot program." Clarifies that the credentials are to be approved by the State Board of Education. Amends the bonuses paid under the program to allow awarding bonuses, for data on courses leading to student attainment of industry certification and credentials collected from the 2015-16 and 2016-17 school years, payable in January 2017 and 2018, to qualifying teachers (no longer requiring those teachers to have remained employed teaching students earning industry certifications or credentials in the same local school administrative unit at least from the school year the data is collected until the school year that the bonus is paid).

Part III. 

Amends Section 9.7 of SL 2016-94 to no longer consider the Third Grade Reading Teacher Performance Program as a pilot program. Makes conforming changes to refer to the "program" instead of the "pilot program." Amends the bonuses paid to third grade teachers with an Education Value-Added Assessment System (EVAAS) student growth index score for reading to allow awarding bonuses for EVAAS student growth index score data collected during the 2015-16 school year and the 2016-17 school year, payable in January 2017 and 2018, to qualifying third grade teachers (no longer requiring those teachers to have remained employed teaching third grade in the same local school administrative unit at least from the school year the data is collected until the school year that the bonus is paid).

Part IV.

Requires the Department of Instruction (DPI), of the funds available from the State Public School Fund, to make payable in the 2016‑17 fiscal year bonuses to those qualifying teachers who were ineligible to receive the bonuses under Sections 8.8(a)(3), 8.9(a)(4), or 9.7(a)(3) of SL 2016‑94 for failure to remain employed in the same local school administrative unit at least from the 2015‑16 school year to the 2016‑17 school year or for failure to continue teaching advanced courses, students earning approved industry certifications or credentials, or third grade. Requires that these bonuses be paid no later than June 30, 2017.

Requires, of the funds available from the State Public School Fund, DPI to make payable in the 2016‑17 fiscal year funds necessary to reimburse any local school administrative unit that has already paid bonuses to qualifying teachers who were ineligible to receive the bonuses under Sections 8.8(a)(3), 8.9(a)(4), or 9.7(a)(3) of SL 2016‑94 for failure to remain employed in the same local school administrative unit at least from the 2015‑16 school year to the 2016‑17 school year or for failure to continue teaching advanced courses, students earning approved industry certifications or credentials, or third grade. Requires that these reimbursements be paid no later than June 30, 2017.