SB 55 IN

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Became Law

Provides that an examination of the accounts and financial affairs of a school corporation must include an examination of any revenue spending plan and applicable fund for an operating referendum tax levy or school safety referendum tax levy to determine whether the school corporation is using the revenue collected from the levy in the amounts and for the purposes established in the applicable revenue spending plan. Provides that a contract entered into between the governing body of a school corporation and a school administrator may not provide for the awarding of a monetary bonus or other incentive that is based on the approval of a public question concerning the imposition of a property tax levy. Specifies requirements for a school corporation that adopts a revenue spending plan for a proposed referendum tax levy. Provides that a school corporation shall specify in its proposed budget the school corporation's revenue spending plan and present the revenue spending plan at its public hearing on the proposed budget. Provides that an ordinance or resolution making a preliminary determination to issue bonds or enter into leases that is considered for certain controlled projects must include a statement of: (1) the maximum annual debt service for the controlled project for each year in which the debt service will be paid; and (2) the schedule of the estimated annual tax levy and rate over a 10 year period; factoring in changes that will occur to the debt service levy and tax rate during the period on account of any outstanding bonds or lease obligations that will mature or terminate during the period. Provides that a governing body may not increase the debt service fund levy to pay for the interest on warrants unless the warrants have been authorized by the governing body in a resolution adopted at a public meeting in the year immediately preceding the year in which the warrants will be issued. Requires a school corporation that imposes certain property taxes to provide information to the department of local government finance before a public hearing held for the purpose of determining the school corporation's budget.

• Mike Bohacek Republican · author
• Blake Doriot Republican · author
• Jake Teshka Republican · sponsor

1. Jan 4, 2021 Authored by Senator Bohacek · upper
2. Jan 4, 2021 First reading: referred to Committee on Education and Career Development · upper
3. Feb 4, 2021 Committee report: amend do pass adopted; reassigned to Committee on Tax and Fiscal Policy · upper
4. Feb 16, 2021 Committee report: amend do pass, adopted · upper
5. Feb 18, 2021 Second reading: ordered engrossed · upper
6. Feb 22, 2021 Senator Doriot added as second author · upper
7. Feb 22, 2021 Senator Randolph added as coauthor · upper
8. Feb 22, 2021 Third reading: passed; Roll Call 147: yeas 43, nays 6 · upper
9. Feb 22, 2021 House sponsor: Representative Teshka · upper
10. Feb 23, 2021 Referred to the House · upper
11. Mar 4, 2021 First reading: referred to Committee on Education · lower
12. Mar 25, 2021 Committee report: amend do pass, adopted · lower
13. Apr 1, 2021 Amendment #2 (Harris) motion withdrawn · lower
14. Apr 1, 2021 Second reading: ordered engrossed · lower
15. Apr 5, 2021 Third reading: passed; Roll Call 349: yeas 96, nays 0 · lower
16. Apr 6, 2021 Returned to the Senate with amendments · lower
17. Apr 12, 2021 Motion to dissent filed · upper
18. Apr 12, 2021 Senate dissented from House amendments · upper
19. Apr 13, 2021 House conferees appointed: Teshka and Smith V · lower
20. Apr 13, 2021 House advisors appointed: Thompson, Jordan and DeLaney · lower
21. Apr 13, 2021 Senate conferees appointed: Bohacek and Qaddoura · upper
22. Apr 13, 2021 Senate advisors appointed: Doriot and Melton · upper
23. Apr 21, 2021 Senator Doriot removed as advisor · upper
24. Apr 21, 2021 Senator Qaddoura removed as conferee · upper
25. Apr 21, 2021 Senator Doriot added as conferee · upper
26. Apr 21, 2021 Senator Zay added as advisor · upper
27. Apr 21, 2021 Representative Thompson removed as advisor · lower
28. Apr 21, 2021 Representative Smith V removed as conferee · lower
29. Apr 21, 2021 Representative Thompson added as conferee · lower
30. Apr 21, 2021 CCR # 1 filed in the Senate · upper
31. Apr 21, 2021 CCR # 1 filed in the House · lower
32. Apr 21, 2021 Rules Suspended. Conference Committee Report 1: adopted by the Senate; Roll Call 483: yeas 45, nays 4 · upper
33. Apr 21, 2021 Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 499: yeas 91, nays 0 · lower
34. Apr 23, 2021 Signed by the President Pro Tempore · upper
35. Apr 28, 2021 Signed by the Speaker · lower
36. Apr 28, 2021 Signed by the President of the Senate · upper
37. Apr 29, 2021 Signed by the Governor · executive
38. Apr 29, 2021 Public Law 136 · upper

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.

• Enrolled Senate Bill (S) · Apr 22, 2021 · PDF
• Introduced Senate Bill (S) · Dec 28, 2020 · PDF
• Senate Bill (S) · Feb 4, 2021 · PDF
• Senate Bill (S) · Feb 16, 2021 · PDF
• Senate Bill (H) · Mar 25, 2021 · PDF