Eliminates the use of statewide assessments as a requirement for high school graduation.

Motivates students through incentives to pursue postsecondary education.

Directs the office of the superintendent of public instruction, the higher education coordinating board, and the state board for community and technical colleges to: (1) Use existing staff and resources to collaboratively conduct a review of incentive programs in other states; and

(2) Make a joint report to the legislature detailing the programs that were reviewed and making recommendations for incentive programs that the state should consider for spending any savings realized by the state by eliminating the assessment.