DIGEST OF INTRODUCED BILL
Formula for choice scholarship transition grants. Changes the formula for distributing choice scholarship transition grants to school corporations and charter schools (other than virtual charter schools) from a distribution based on the school's total tuition support distribution amount to a per capita distribution based on the number of students who were granted choice scholarships. Provides that the grants are distributed in two installments during a year. Indicates that the amount of a grant is not included in the calculation of previous year revenue. Moves the formula from a noncode provision enacted in the 2011 budget to the school formula provisions in the Indiana Code.