Local Education Agencies - As introduced, requires the principal of a public school in the bottom 20 percent of schools based on an evaluation of all schools' performance data to develop a written proposal each school year for the principal's school that identifies the resources the school needs to provide students an adequate and equitable education; that identifies areas of improvement for the school; and that provides data to evidence each of the needs identified in the proposal; encourages principals of public schools that are not in the bottom 20 percent of schools to do the same. - Amends TCA Title 49, Chapter 3.