Provides for the designation of new charter school authorizers and additional modifications of the charter school program.

This bill establishes a new application process for entities like public colleges and local school boards to become charter school authorizers in New Jersey. It requires applicants to submit detailed plans covering their strategic vision, budget, oversight processes, and commitments to public accountability. The Commissioner of Education will review these applications, sign contracts with approved authorizers, and define their responsibilities, including evaluating charter school applications, negotiating performance contracts, and conducting ongoing oversight. The bill directly affects potential new authorizers and the charter schools they would oversee, aiming to strengthen oversight of the charter school program.