Provides eligible choice scholarship students with the option to receive a dynamic choice scholarship (scholarship). Provides that a scholarship may be used toward certain dynamic education costs. Allows the department of education to: (1) create forms and methods for the administration and oversight of a scholarship; (2) create an account system to accommodate distributions of a scholarship; and (3) audit up to 3% of scholarship accounts annually to protect against fraud or misuse of funds. Provides that a distribution to a scholarship account is considered tax exempt if the distribution is used toward dynamic education costs.

Statutes affected:
Introduced House Bill (H): 6-3-1-3.5, 20-43-2-3, 20-51-1-4.3, 20-51-4-2, 20-51-4-4, 20-51-4-6, 20-51-4-7, 20-51-4-8, 20-51-4-10, 20-51-4-11