Applicability of education statutes to certain interdistrict magnet school operators. Recognized and considered a local education agency for purposes of state and federal law.

(b) Any interdistrict magnet school operator that is (1) the board of governors for an independent institution of higher education, as defined in subsection (a) of section 10a-173 , or the equivalent of such a board, on behalf of the independent institution of higher education, or (2) any other third-party not-for-profit corporation approved by the commissioner, shall to the extent authorized under federal law be recognized as and considered a local educational agency, as defined in 20 USC 7801, as amended from time to time, for purposes of this title and federal law.