Waiving requirements for accredited schools.

Waiving requirements for accredited schools. Requires (instead of allows) the state board of education (state board) to approve an application to waive compliance with certain provisions requested by a school or group of schools under the performance based accreditation law. Requires the state board to do the following: (1) Review each compliance waiver request at least once every three years (instead of periodically). (2) Suspend or revoke a compliance waiver if the state board determines that the school or group of schools has not demonstrated an improvement in student academic performance.