Bill Summary: SF2668 - Charter School Provisions Modifications

• Requires commissioner approval of charter school expansions to additional grades within 15 business days after receiving authorizer's response, replacing the previous supplemental affidavit process for expansion to additional sites or grades.

• Modifies affiliated nonprofit building corporation requirements, reducing the minimum operational period from five to six years and requiring net unreserved general fund balance for the preceding three years rather than five.

• Expands charter school age eligibility to include prekindergarten students alongside the previous five-year minimum, and establishes that enrolled students remain enrolled until formal withdrawal or dismissal under the Pupil Fair Dismissal Act.

• Adds transparency requirements for affiliated nonprofit building corporations to post bylaws, board meeting minutes, and board member names on school websites, and requires annual audits submitted by December 31.

• Clarifies that charter school grade expansion requires demonstration of student academic performance on state or authorizer-approved assessments rather than exclusively statewide assessments, and simplifies requirements for affiliated nonprofit building corporation formation.