The main purpose of this legislation, known as the K-12 AI Literacy and Readiness Act of 2026, is to update the Elementary and Secondary Education Act of 1965. It aims to allow schools to use federal funds for teaching and implementing artificial intelligence (AI) curricula. This reflects a growing recognition of the importance of AI education in preparing students for the future. Key provisions of the legislation include several amendments that expand the allowable uses of federal education funds.