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 (APSSDs). It directly affects APSSDs and the public school districts that pay tuition to these schools, as current delays of 20+ years disrupt budget planning. The key provision requires the Commissioner to issue any adverse findings or adjustments within 7 years of an audit's submission date (or 2 years after the bill's effective date for older audits, whichever is later), with audits automatically approved if deadlines are missed. This aims to prevent unfair financial penalties based on outdated audits and ensure timely resolution.