This report is the third revision of Legislation by the States: Accountability and Assessment in Education, which has been prepared under the sponsorship of the Cooperative Accountability Project. The last updating was completed in August, 1973. The present report differs from previous editions in that Section 1 contains an expanded discussion of accountability legislation and a general description of the kinds of laws that were enacted from 1963 through 1974. More specifically, this section includes: (1) A table that shows which states have enacted accountability legislation and which ones have not; (2) A table that indicates how many states have enacted legislation in five accountability-related categories or processes; (3) A table that identifies statutes enacted by year and by state from 1963-1974 and the processes of accountability that are covered by the laws; (4) A graph that depicts the changing rate in the number of accountability laws passed from 1963-1974; (5) A discussion of each law enacted during the 1974 legislative session; and (6) A summary of laws enacted prior to 1974 that were not reported in earlier versions of Legislation by States. Section 2 is similar to preceding editions of Legislation by the States in that all the statutes enacted from 1963 through 1974 are reproduced, with the exception of the 1974 North Carolina budget. Those that have not been reported previously are marked by an asterisk in the Contents. (Author/BJG)