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DIGEST OF INTRODUCED BILL
Textbook funding. Provides an annual state textbook grant to school corporations in the amount of $85 per ADM for providing textbooks to students. Transfers and distributes $70,000,000 annually from the administrative trust fund of the lottery to the state textbook grant fund. Abolishes the textbook rental program and the school textbook library program. Defines "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 transitional provisions.