Modifies various aspects of charter school program including approval, student admissions and enrollment procedures, and board of trustee membership.

This bill amends New Jersey's charter school laws to change how charter schools are established, governed, and operated. It requires charter school boards to include at least two local school board members and two community members chosen by the school board (Section 1). The bill also sets enrollment limits (max 500 students or 25% of the district's student body, whichever is smaller) for new charters and requires 51% support from both teachers and parents to convert existing public schools into charters (Section 4e). These changes directly affect charter school applicants, school districts, and families seeking enrollment in charter schools. The bill does not address funding or curriculum standards, focusing instead on governance, admission processes, and operational rules.