(1) As used in this section, "high performing charter school" means a charter school that: (a) satisfies all requirements of state law and state board rules; (b) meets or exceeds standards for student achievement established by the charter school's charter school authorizer; and (c) has received at least a B grade under the school accountability system in the previous two school years.

(a) satisfies all requirements of state law and state board rules;

(b) meets or exceeds standards for student achievement established by the charter school's charter school authorizer; and

(c) has received at least a B grade under the school accountability system in the previous two school years.

(2) (a) The state board shall make rules establishing: (i) exit criteria for a low performing school; (ii) criteria for granting a school an extension as described in Subsection (3); and (iii) implications for a low performing school that does not meet exit criteria after the school's final remedial year or the last school year of the extension period described in Subsection (3). (b) In establishing exit criteria for a low performing school the state board shall: (i) determine for each low performing school the number of points awarded under the school accountability system in the final remedial year that represent a substantive and statistically significant improvement over the number of points awarded under the school accountability system in the school year immediately preceding the initial remedial year; (ii) establish a method to estimate the exit criteria after a low performing school's first remedial year to provide a target for each low performing school; and (iii) use generally accepted statistical practices. (c) The state board shall through a competitively awarded contract engage a third party with expertise in school accountability and assessments to verify the criteria adopted under this Subsection (2).

(a) The state board shall make rules establishing: (i) exit criteria for a low performing school; (ii) criteria for granting a school an extension as described in Subsection (3); and (iii) implications for a low performing school that does not meet exit criteria after the school's final remedial year or the last school year of the extension period described in Subsection (3).

(i) exit criteria for a low performing school;

(ii) criteria for granting a school an extension as described in Subsection (3); and

(iii) implications for a low performing school that does not meet exit criteria after the school's final remedial year or the last school year of the extension period described in Subsection (3).

(b) In establishing exit criteria for a low performing school the state board shall: (i) determine for each low performing school the number of points awarded under the school accountability system in the final remedial year that represent a substantive and statistically significant improvement over the number of points awarded under the school accountability system in the school year immediately preceding the initial remedial year; (ii) establish a method to estimate the exit criteria after a low performing school's first remedial year to provide a target for each low performing school; and (iii) use generally accepted statistical practices.

(i) determine for each low performing school the number of points awarded under the school accountability system in the final remedial year that represent a substantive and statistically significant improvement over the number of points awarded under the school accountability system in the school year immediately preceding the initial remedial year;

(ii) establish a method to estimate the exit criteria after a low performing school's first remedial year to provide a target for each low performing school; and

(iii) use generally accepted statistical practices.

(c) The state board shall through a competitively awarded contract engage a third party with expertise in school accountability and assessments to verify the criteria adopted under this Subsection (2).

(3) (a) A low performing school may petition the state board for an extension to continue school improvement efforts for up to two years if the low performing school does not meet the exit criteria established by the state board as described in Subsection (2). (b) A school that has been granted an extension under this Subsection (3) is eligible for: (i) continued funding under Section 53E-5-305; and (ii) (A) the school teacher recruitment and retention incentive under Section 53E-5-308; or (B) the School Recognition and Reward Program under Section 53E-5-307.

(a) A low performing school may petition the state board for an extension to continue school improvement efforts for up to two years if the low performing school does not meet the exit criteria established by the state board as described in Subsection (2).

(b) A school that has been granted an extension under this Subsection (3) is eligible for: (i) continued funding under Section 53E-5-305; and (ii) (A) the school teacher recruitment and retention incentive under Section 53E-5-308; or (B) the School Recognition and Reward Program under Section 53E-5-307.

(i) continued funding under Section 53E-5-305; and

(ii) (A) the school teacher recruitment and retention incentive under Section 53E-5-308; or (B) the School Recognition and Reward Program under Section 53E-5-307.

(A) the school teacher recruitment and retention incentive under Section 53E-5-308; or

(B) the School Recognition and Reward Program under Section 53E-5-307.

(4) If a low performing school does not meet exit criteria after the school's final remedial year or the last school year of the extension period, the state board may intervene by: (a) restructuring a district school, which may include: (i) contract management; (ii) conversion to a charter school; or (iii) state takeover; (b) restructuring a charter school by: (i) terminating a school's charter agreement; (ii) closing a charter school; or (iii) transferring operation and control of the charter school to: (A) a high performing charter school; or (B) the school district in which the charter school is located; or (c) other appropriate action as determined by the state board.

(a) restructuring a district school, which may include: (i) contract management; (ii) conversion to a charter school; or (iii) state takeover;

(i) contract management;

(ii) conversion to a charter school; or

(iii) state takeover;

(b) restructuring a charter school by: (i) terminating a school's charter agreement; (ii) closing a charter school; or (iii) transferring operation and control of the charter school to: (A) a high performing charter school; or (B) the school district in which the charter school is located; or

(i) terminating a school's charter agreement;

(ii) closing a charter school; or

(iii) transferring operation and control of the charter school to: (A) a high performing charter school; or (B) the school district in which the charter school is located; or

(A) a high performing charter school; or

(B) the school district in which the charter school is located; or

(c) other appropriate action as determined by the state board.