(1) As used in this section, "competency-based education" means the same as that term is defined in Section 53F-5-501.

(2) A local school board or a charter school governing board may establish a competency-based education program.

(3) A local school board or charter school governing board that establishes a competency-based education program shall: (a) establish assessments to accurately measure competency; (b) provide the assessments to an enrolled student at no cost to the student; (c) award credit to a student who demonstrates competency and subject mastery; (d) submit the competency-based standards to the state board for review; and (e) publish the competency-based standards on its website or by other electronic means readily accessible to the public.

(a) establish assessments to accurately measure competency;

(b) provide the assessments to an enrolled student at no cost to the student;

(c) award credit to a student who demonstrates competency and subject mastery;

(d) submit the competency-based standards to the state board for review; and

(e) publish the competency-based standards on its website or by other electronic means readily accessible to the public.

(4) A local school board or charter school governing board may: (a) on a random lottery-based basis, limit enrollment to courses that have been designated as competency-based courses; (b) waive or adapt traditional attendance requirements; (c) adjust class sizes to maximize the value of course instructors or course mentors; (d) enroll students from any geographic location within the state; and (e) provide proctored online competency-based assessments.

(a) on a random lottery-based basis, limit enrollment to courses that have been designated as competency-based courses;

(b) waive or adapt traditional attendance requirements;

(c) adjust class sizes to maximize the value of course instructors or course mentors;

(d) enroll students from any geographic location within the state; and

(e) provide proctored online competency-based assessments.