-Allows all students who qualify for free or reduced lunch in school systems with over 12,000 students to apply for charter schools (Sec. 2).
-Allows for the formation of public charter schools, whose students must qualify for public school attendance or students who would benefit from a work experience program, according to the juvenile court (Sec. 3).
-Defines how a public charter school may be formed, as well as requirements for approval (Sec. 3).
-Defines the powers and responsibilities of the chartering authority (Sec. 5).
-Specifies that local education agencies (school systems) must provide the same amount of funding per student to charter schools as was previously provided to public schools (Sec.7).
-Allows students to reapply for charter schools after ten years, instead of reapplying after only five years (Sec.10).
-Requires the act to take effect July 1st, 2009 (Sec.12).