Includes whereas clauses.

Part I.

Enacts Part 7, Article 7B, GS Chapter 115C, as follows. Requires that the parent or legal guardian of a public school student to be immediately notified of any credible threat that meets any of four described situations, including when the threat involves a student bringing a weapon to school or a student causing other security risks. Requires public school governing bodies to adopt a policy for the provision of required notices which identify the school employees or administrators responsible for providing the notices and defines high-level emergency. Requires each notice be made through at least two of the five means identified, and requires at least one notice to be by phone for high-level emergencies. Details required content of the notice, including providing updates as new information becomes available. Requires the initial notice be provided within one hour of law enforcement confirmation of a credible threat with an exception for interference with an active law enforcement investigation, whereby notice must be made one hour after arrest or resolution of investigation.

Allows parents to file complaints with the Department of Public Instruction (DPI) for allegations of a school's failure to notify the parent of a threat as required by the act. Details the complaint procedure, including an investigation by the Center for Safer Schools and consideration of the Center's findings report by the State Board of Education (State Board). Requires the State Board to instruct DPI to reduce the public school unit's central office administration allotment by up to $5,000 if the State Board finds by majority vote that the school has not complied with the notice requirements. Authorizes the State Board to take any of three actions if it finds that a school has failed to comply with the notice requirements for more than one threat, including withholding additional administrative funds. Further authorizes action for specific school administrators found to be responsible for the violation, including requiring school safety training and ordering termination if the administrator has been identified as involved in a violation for more than one threat. Makes knowing concealment of a threat by a school administrator from a parent a Class A1 misdemeanor if the threat results in injury. Directs the State Board to report any action taken to the specified NCGA committee within 60 days, and requires the NCGA to consider the future governance of the identified unit no later than the next NCGA session.

Directs public school governing bodies to ensure each school publishes an annual safety report and school safety policies on its website and notify parents of the report and policies' availability. Details required content of the report and policies. Requires governing boards to annually provide a copy of the school safety report to DPI, and requires DPI to report to the specified NCGA committee a summary of the reports and rate of compliance.

Part II.

Reenacts GS 115C-105.55 and GS 115C-105.56 (establishing the Task Force for Safer Schools; Task Force) as each existed immediately prior to its repeal. Adds to the duties of the Task Force the duty to collect and analyze data to monitor public school unit compliance under new GS 115C-77.1 (mandatory notice of threat, as enacted). 

Requires offering the members of the Task Force at the time of its dissolution the opportunity to return to serve their remaining terms. Provides for filling vacancies by the member's original appointing authority.

Part III.

Enacts GS 115C-105.70, establishing the School Safety Fund (Fund) under the direction and control of the State Board. Credits withheld administrative funds to the Fund pursuant to GS 115C-77.1 and GS 115C-77.2. Directs that funds be allocated to units based on average daily membership and lists authorized uses of the funds relating to services for students in crises and the purchase of safety equipment.

Appropriates $25 million from the General Fund to DPI for the Fund.

Effective July 1, 2025.

Part IV.

Makes Parts I through II of the act apply beginning with the 2025-26 school year.