Reconstitutes the board of education to consist of eleven rather than nine members, one each from the seven department of education districts (Hawaii, Maui, Kauai, Honolulu, Central, Leeward, and Windward), and four at-large members. Requires that at least two at-large members have business management experience and at least two members have public education experience; provided that one member have experience as a school principal. Allows the board members, rather than the governor to choose a chairperson. Increases the number of nonvoting public high school representatives to the board from one to two students. Increases the term of office for members of the board of education from three to four years, makes terms run concurrently with the term of the appointing governor, and eliminates term limits. Terminates the membership of the current board on June 30, 2015. Effective 6/30/15.