IN HB1488

Establishes annual staff performance evaluations categorizing teachers as highly effective, effective, improvement necessary, or ineffective, with evaluations required to include objective measures of student achievement and growth

Prohibits teachers rated ineffective or improvement necessary from receiving any raise or increment for the following year, and requires use of license renewal credits for professional development to address deficiencies

Allows contract cancellation for permanent teachers receiving an ineffective rating for more than one year, two consecutive improvement necessary ratings, or three or more ineffective/improvement necessary ratings in any five-year period

Permits charter schools to employ up to 50% of teachers without licenses if they hold at least a bachelor's degree with a 3.0 GPA in their teaching subject area, with state board waiver available for higher percentages

Requires teacher salary schedules effective after June 30, 2012, to base increases primarily on student academic performance rather than years of experience or advanced degrees, with experience counting for no more than 33% of salary calculation