(a) Each school district shall participate in the Public Education Information Management System (PEIMS) and shall provide through that system information required for the administration of this chapter and of other appropriate provisions of this code.
(b) Each school district shall use a uniform accounting system adopted by the commissioner for the data required to be reported for the Public Education Information Management System.

(c) Annually, the commissioner shall review the Public Education Information Management System and shall repeal or amend rules that require school districts to provide information through the Public Education Information Management System that is not necessary. In reviewing and revising the Public Education Information Management System, the commissioner shall develop rules to ensure that the system:
(1) provides useful, accurate, and timely information on student demographics and academic performance, personnel, and school district finances;
(2) contains only the data necessary for the legislature and the agency to perform their legally authorized functions in overseeing the public education system; and
(3) does not contain any information related to instructional methods, except as provided by § 29.066 or required by federal law.
(d) The commissioner’s rules must ensure that the Public Education Information Management System links student performance data to other related information for purposes of efficient and effective allocation of scarce school resources, to the extent practicable using existing agency resources and appropriations.