Directs the Department of Public Instruction (DPI) to study changes for implementing budget flexibility for local school administrative units. Provides that the flexibilities are to include methods of combining allotments, allowing transfers between allotments, or other methods DPI finds viable. Requires DPI to report to the Joint Legislative Education Oversight Committee and the Fiscal Research Division on or before April 1, 2026, identifying beneficial methods of flexibility and making legislative recommendations.

Appropriates $50,000 from the General Fund for the 2025-26 fiscal year to DPI for the study.

Effective July 1, 2025.