To end the state's emergency management of the insolvent Detroit school district, and give a school board to be elected in November 2016 control of the district's schools. Among many other changes and reforms, the bill requires a meaningful merit pay system for Detroit principals and administrators (but not necessarily teachers), allows the district to hire teachers that have not acquired a "certification" required by the state and more. Notably, the bill does not contain a Senate-passed provision creating a commission appointed by the Detroit mayor and having the authority to block new charter schools from opening in the city, among other powers. House Bill 5383 authorizes using $72 million annually in state revenue to cover $467 million in uncollectable loans the state has extended to Detroit schools over a number of years.