DIGEST OF INTRODUCED BILL
State textbook funding for school corporations. Provides an annual state textbook grant to school corporations of $85 per ADM for providing textbooks to students. Abolishes the textbook rental program and the school textbook library program. Redefines "textbook" to include the various kinds of instructional materials currently eligible for state reimbursement under the textbook assistance program for students from low income families. Continues the textbook reimbursement program for nonpublic school students from low income families. Requires a school corporation to establish a textbook fund and to appropriate money from the fund to acquire textbooks to loan to all students without charge. Makes conforming changes and adds transitional provisions.