Senate Bill (S)

DIGEST

K-12 funding. Requires the budget agency to transfer from the K-12 state tuition reserve account to the state general fund the amount necessary to cover the K-12 state tuition distribution amount if it exceeds the appropriated amount. Limits the transfer to $25,000,000 in state fiscal year 2017-2018 and $75,000,000 for state fiscal year 2018-2019. Requires school corporations to report information about virtual education programs to the department of education. K-12 funding. Requires the budget agency to transfer from the K-12 state tuition reserve account to the state general fund the amount necessary to cover the K-12 state tuition distribution amount if it exceeds the appropriated amount. Limits the transfer to $25,000,000 in state fiscal year 2017-2018 and $75,000,000 for state fiscal year 2018-2019. Requires school corporations to report information about virtual education programs to the department of education.