Sec. 3. (a) An annual grant program is established to provide funding to a school for the following: (1) Capital improvements for the school, including the renovation or expansion of a facility, or for debt or lease payments owed on a facility, including advances from the common school fund under IC 20-49-9 . (2) The purposes for which the school corporation's operations fund may be used by a school corporation under IC 20-40-18 . (3) The purposes for which a technology grant from the Senator David C. Ford educational technology fund may be used by a school corporation under IC 20-20-13-6 . (b) The program shall be administered by the state board. (c) The state board shall establish a written application and procedure for providing grants under this chapter to a school described in section 5 of this chapter.
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