Establishes the achievement gap oversight and advisory committee within the office of the superintendent of public instruction to oversee and assure timely and complete implementation of the recommendations from the achievement gap reports commissioned by the legislature in 2008, to advise the superintendent of public instruction, the professional educator standards board, and the state board of education on effective measures to close the achievement gap, to foster public accountability for achieving excellence and equity in public education, and to promote a greater sense of urgency and priority for doing so.

Requires the office of the superintendent of public instruction, within existing resources, to design and create a phased-in implementation plan for up to three innovation academies intended to be implemented beginning in the 2011-12 school year, in areas with high concentrations of students who statistically lag behind in achievement.