Declares an intent to: (1) Provide additional state funding and improve access to educational opportunities for students enrolled in special education programs;

(2) Require the superintendent of public instruction to modify the multipliers in the excess cost allocations to school districts, lower the threshold to qualify for safety net funding, and determine an appropriate threshold for institutions providing special education; and

(3) Review the special education multiplier and adjust as necessary to provide adequate funding for special education.

Requires the state safety net oversight committee to consider the extraordinary high cost needs of one or more individual special education students served in residential schools or certain programs to the extent they are providing a program of education for students enrolled in special education.

Changes the composition of the state safety net oversight committee.