Requires each school district board of directors to adopt an academic acceleration policy for high school students.

Establishes the academic acceleration incentive program, subject to funds appropriated for this purpose, with the intent that the funds awarded under the program be used to support teacher training, curriculum, technology, examination fees, and other costs associated with offering dual credit courses to high school students.

Requires the office of the superintendent of public instruction to: (1) Allocate half of appropriated funds by calculating each high school's growth of year-to-year dual credit students based on certain collected data, identify the schools in the top ten percent, and allocate the funds to districts based on the rankings of the districts' high schools and allocate half of appropriated funds to school districts for the purpose of promoting the growth of enrollment in dual credit courses; and

(2) Collect and post on the Washington state report card web site certain results from the program.