Establishes timelines for review and approval by Commissioner of Education of annual certified audits submitted by approved private schools for students with disabilities.

This bill sets a 7-year deadline for New Jersey's Commissioner of Education to review and approve annual audits submitted by approved private schools serving students with disabilities. It directly affects these private schools (APSSDs) and the public school districts that pay their tuition, which currently face years-long delays in audit reviews. The key provision requires the Commissioner to issue any adverse findings or adjustments within 7 years of an audit's submission date, or the audit is automatically approved. For audits submitted before the bill's effective date, the deadline extends to the later of seven years after submission or two years after the bill takes effect. This addresses current delays of 20+ years that disrupt school budgeting and fairness for APSSDs.