Allocates state funding for basic education programs for highly capable students.

Requires the funds provided by the state for the state basic education program for highly capable students to be categorical funding to provide services to highly capable students as determined by a school district, however, school districts must use a portion of the funds to deliver professional development.

Requires the funds provided by the state for student transportation to and from school to include transportation to and from programs for highly capable students.

Requires each school district to conduct universal screenings to find students who need further assessment for potential gifted program placement.