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DIGEST OF INTRODUCED BILL
School textbook funding. Expands the definition of "textbook" to include certain materials used in student instruction. Transfers and distributes $70,000,000 annually from the administrative trust fund of the state lottery to the state textbook grant fund. Requires school corporations to establish a textbook fund and to use money from the fund to purchase textbooks. Appropriates an annual state textbook grant to each school corporation equal to: (1) $83; multiplied by (2) the average daily membership of the school corporation. Requires the deposit of grant funds in a school corporation's textbook fund. Limits a student textbook rental fee to: (1) 25% of the total purchase price of the textbooks; minus (2) $83. Makes conforming changes.