The bill modifies the approval timeline for charter schools by the Wyoming charter school authorizing board. Specifically, it changes the date by which no more than three charter schools can be authorized to operate by an entity other than a school district from July 1, 2026, to July 1, 2024. Additionally, it allows for the approval of one additional charter school by an entity other than a school district, also moving the date from July 1, 2026, to July 1, 2024. The bill clarifies that the three charter schools authorized by the state loan and investment board will count towards this limit, and if any of these schools close, a new charter school may be approved.

The bill also corrects a typographical error in the legal language, changing "subjection" to "subsection." The act is set to take effect immediately upon the completion of all necessary legislative processes as outlined in the Wyoming Constitution.