This bill amends the procedures for closing chartered public schools and establishes new requirements for record-keeping. It repeals and reenacts RSA 194-B:16, detailing the circumstances under which the state board may revoke a school's charter, including material violations of charter conditions, fiscal mismanagement, legal violations, and failure to comply with reporting requirements. The bill also allows parents and school boards to petition for charter revocation and mandates that the state board consult with relevant parties before taking action. Additionally, it introduces a probationary status for schools, allowing them up to one year to implement a remedial plan before revocation occurs.

Furthermore, the bill inserts a new section, RSA 194-B:16-a, which requires that all records from closed chartered public schools be transferred electronically to the department of education, where they will be preserved for 60 years. This section specifies the types of student records to be maintained, including personal information, academic performance, and health information. The department is tasked with providing guidance on how to request these records and must adopt rules regarding their preservation and the provision of copies. Overall, the bill aims to enhance accountability and transparency in the management of chartered public schools and their closure processes.