The bill proposes the enactment of section 3318.72 of the Revised Code, which focuses on the acquisition of preschool classroom facilities by school district boards of education in Ohio. It defines key terms such as "acquisition of classroom facilities," "classroom facilities," and "preschool program," aligning them with existing definitions in the Revised Code. The Ohio facilities construction commission is tasked with establishing guidelines to assist school districts in acquiring these facilities.

Additionally, the bill outlines the process for school districts to receive funding for the acquisition. Upon submitting a written proposal that meets the commission's guidelines, districts can request funding, which must be matched by other pledged funding. The commission will then enter into an agreement with the district for the acquisition, which will include stipulations regarding ownership of the facilities if the preschool program were to close permanently.