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SB 148 IN

Loans from the common school fund.

IN · session 2025 · Senate · bill

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Introduced Jan 8, 2025

Latest action (Jan 16, 2025) Senator Randolph added as coauthor

Summary

Extends by three years provisions that apply with regard to an extension of the term of loans or advances from the common school fund for the Gary Community School Corporation, which are set to expire on January 1, 2025. Reinstates the provisions in a new section of the Indiana Code with an extended expiration date of January 1, 2028.

Sponsor (1)

1 coauthor / cosponsor

Action history (3)

  1. Jan 8, 2025 First reading: referred to Committee on Appropriations · upper
  2. Jan 8, 2025 Authored by Senator Spencer · upper
  3. Jan 16, 2025 Senator Randolph added as coauthor · upper
Subjects
AGENCIES; Department of Local Government Finance (DLGF)CITIES; GaryFINANCIAL SERVICES; Loans and MortgagesSCHOOLS; Funds and Budgets

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