Sen. Alting has introduced SB 235 which redirects sports wagering revenue from the general fund to a teacher salary increase grant fund. To be eligible for a grant, a school corporation has to provide verification that it has raised full-time teacher salaries by at least 2% in the upcoming contract year at the time the school is applying for the grant. Grant money can be used only for the purpose of funding increases in the salaries to full-time classroom teachers. According to the fiscal note, the revenue from sports wagering is anticipated to be $11.5 million for fiscal year 2021. The Department of Education would be responsible for administering the grant program and setting rules about the amounts awarded and the criteria for grant applicants.
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