(1) There is established the Arkansas Leadership Academy.
(2) The academy shall provide a variety of training programs and opportunities to develop the knowledge base and leadership skills of school principals, teachers, superintendents, other administrators, and school district board members.
(3) The academy may enter into a private-public partnership or a public-public partnership if the partnership will enhance the leadership skills of school principals, teachers, superintendents, other school administrators, school district board members, students, or other stakeholders.
(4) The State Board of Education shall have the authority to issue requests for proposals if the state board should determine to change the operator or the location of the academy.