IN HB1166

Creates "performance-qualified school districts" that grant high-performing school corporations exemptions from most state statutes, rules, and guidelines governing school boards and corporations for four-year certification periods

Requires school corporations to meet specific criteria for certification: placement in the highest state performance category, at least 25% of graduates earning a 3+ on an AP exam or obtaining a technical honors diploma, at least 90% graduation rate, and SAT scores above the state average

Mandates annual performance benchmarks including at least 85% of students passing ISTEP assessments (grades 3-8) or end-of-course assessments in Algebra I and English 10 (high school), plus 85% of third graders passing the I-READ assessment

Exempts certified districts from minimum 180 instructional days requirement but requires at least 54,000 minutes of instruction for grades 1-6 and 64,800 minutes for grades 7-12

Maintains district compliance with federal law, state constitution, anti-discrimination laws, collective bargaining statutes, special education requirements, standardized assessments, and financial/accounting regulations