DIGEST OF INTRODUCED BILL
School funding formula. Equalizes target property tax rates for school general funds. Provides that local property tax levies statewide for school corporations will increase the same as the statewide average for civil units. Provides that the state tuition support appropriation is to be allocated among all school corporations using an equal state tuition support amount per ADM. Provides an additional amount equal to 50% of the target revenue per ADM (state and local) for each special education and at-risk pupil. Repeals conflicting provisions.