MN HF2420

Requires eligible charter school authorizers to apply to the commissioner for approval before submitting any affidavits to charter schools, with commissioner approval within 45 business days and deficiency correction periods.

Permits charter school boards to change governance models only with majority votes from both the board of directors and licensed teachers, plus authorizer approval.

Adds new contract requirements including dispute resolution processes, renewal/termination decision criteria, and merger procedures allowing two charter schools to combine with commissioner review and comment within 30 business days.

Modifies affiliated nonprofit building corporation requirements, reducing the net positive fund balance threshold from eight fiscal years to five years for schools constructing new facilities, and clarifying compliance with IRS "supporting organizations" regulations.

Changes authorizer transfer procedures to allow transfers after mutual agreement with school and current authorizer, with commissioner review and comment within 20 business days, and removes restrictions on commissioner-chartered schools paying authorizer fees.