AN ACT TO ESTABLISH A PROGRAM FOR LOCAL SCHOOL ADMINISTRATIVE UNITS TO APPLY TO THE DEPARTMENT OF PUBLIC INSTRUCTION FOR ONGOING EXTRAORDINARY COSTS OF CHILDREN WITH DISABILITIES, INCLUDING FOR PLACEMENT OF STUDENTS IN SETTINGS OUTSIDE THE SCHOOL SYSTEM TO REDUCE THE USE OF MODIFIED DAY, HOMEBOUND, AND HOSPITALIZED PLACEMENTS, AND TO REQUIRE AN ANNUAL REPORT ON THE MONITORING OF STUDENTS IN HOMEBOUND, MODIFIED DAY, AND HOSPITAL PLACEMENTS.