This legislative bill from Minnesota focuses on several key changes to the state's education system concerning academic standards:

1. Suspension of Social Studies Standards Adoption: The adoption of new social studies standards is postponed until the 2030-2031 school year, extending the review and revision cycle to every ten years.

2. Modification of Review Cycles for Other Subjects: The review and revision cycle for academic standards in various subjects like mathematics, arts, science, language arts, physical education, health education, world languages, and career and technical education is also set to every ten years.

3. Repeal of Ethnic Studies Requirements: The previous requirements and appropriations specifically for ethnic studies are canceled. This includes removing funds and formal requirements previously intended to support ethnic studies in the curriculum.

4. Indigenous Education Embedded in Academic Standards: The bill mandates the inclusion of Indigenous education within all academic standards, ensuring that content related to Minnesota’s American Indian Tribes and communities is integrated, spanning aspects such as tribal histories, languages, cultures, and contemporary issues.

5. Alignment of Statewide Assessments: Various statewide assessments, such as those for mathematics, need to be aligned with the state’s academic standards.

6. Technology and Information Literacy: These standards are to be included in the state's academic standards and graduation requirements, following recommendations from school media specialists.

In essence, the bill extends the interval for reviewing and revising educational standards to a 10-year cycle, removes specific ethnic studies mandates, introduces comprehensive content on Indigenous communities, and aligns assessments with these revised standards.