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HB 1405 IN

Education fund transfers.

IN · session 2023 · Assembly / House · bill

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Introduced Jan 17, 2023

Latest action (Jan 17, 2023) First reading: referred to Committee on Ways and Means

Summary

Provides that each school corporation shall make every reasonable effort to transfer not more than 20% (instead of 15%) of the total revenue deposited in the school corporation's education fund from the school corporation's education fund to the school corporation's operations fund during calendar year 2023 and calendar year 2024. Makes conforming changes regarding the excessive education fund transfer list.

Sponsor (1)

Action history (2)
  1. Jan 17, 2023 Authored by Representative Carbaugh · lower
  2. Jan 17, 2023 First reading: referred to Committee on Ways and Means · lower
Subjects
EDUCATION generallySCHOOLS, Funds and Budgets

Text versions (1)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced House Bill (H) · Jan 17, 2023 · PDF

Full text

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