(1) Beginning with the 1992-1993 school year, each school district with more than five percent (5%) African-American or other minority students in the state shall prepare a minority teacher and administrator recruitment plan.
(2) The plan shall place emphasis on recruitment of African-Americans and other members of minorities for teacher and administrator positions and on encouraging minority students to pursue a career in education.
(3) Recruitment plans shall cover the next ten-year period and set forth the goal of developing equity in employee composition that reflects racial and ethnic diversity.
(4) The plan shall be a part of the equity assistance plan filed annually with the Equity Assistance Center and shall be updated annually for an additional ten (10) years.