SB484 - Alabama Innovative Charter Schools Act

• Establishes charter schools as public K-12 schools authorized by registered local school boards or the State Board of Education, with prohibition on private school conversion to charter status.

• Creates charter authorizer registration process for local school boards and defines powers/duties of authorizers including application review, contract execution, and continuous performance monitoring.

• Requires charter contracts with specific accountability provisions including performance frameworks measuring student academic proficiency, growth, attendance, fiscal management, and board stewardship.

• Exempts charter schools from most state education statutes while requiring compliance with civil rights, health, safety, state content standards, accountability, competitive bidding, and open meetings/records laws.

• Provides charter school funding equal to 100 percent of state funding formula amounts per student, with charter school employees participating in Teachers' Retirement System and Public Education Employees' Health Insurance Plan.