House committee substitute makes the following changes to the 1st edition.

Renames GS 115C-269.12 as Lateral entry educator preparation programs (currently, Lateral entry teacher education preparation programs). Makes conforming changes to refer to lateral entry educator preparation programs throughout the statute, and changes the act's long title.

Amends proposed subsection (a1), which directs the State Board of Education (State Board) to approve at least one and no more than four alternative, private, for-profit, or nonprofit lateral entry educator preparation programs if the programs meets the standards set by the State Board. Deletes the provision prohibiting the standards from exceeding the standards applicable to institutions of higher education that offer other lateral entry programs. Makes organizational and technical changes to the requirements provided that must be included in the State Board's standards. 

Amends subsection (d) to establish that an individual must hold at least a bachelor's degree from a regionally accredited institution of higher education in order to participate in a lateral entry program of study (currently, specified participation in the community college or private, non-profit two-year college program of study for lateral entry teachers).

Requires the Superintendent of Public Instruction to present the participation applications from alternative, private, for‑profit, or nonprofit lateral entry educator preparation programs to the State Board by September 15, 2017 (previously, September 1, 2017). Requires the Board to approve at least one, but no more than four, programs by November 15, 2017 (previously, October 15, 2017), if those programs meet the statutory requirements and have at least five years of experience providing educator preparation services.