Reassigning and authorizing surrendered, revoked, or nonrenewed charter school contracts.
The bill allows the reassignment and authorization of charter school contracts that have been surrendered, revoked, or not renewed. It mandates that the reassigned contract must meet procedural and application requirements. The state board of education must certify compliance with charter limits before final authorization. The bill also sets a maximum of 40 charter schools over five years, with a lottery process for exceeding annual limits.
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