HB 1423 IN

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Became Law

Establishes the Indianapolis public education corporation (corporation) and board (corporation board). Establishes the duties and powers of the corporation and corporation board. Provides that the Indianapolis public schools school corporation (school city) is not subject to building closure or certain transfer of school building laws. Allows only certain authorizers to grant or renew charters for charter schools located within the geographic boundaries of the school city. Specifies authority and duties of the corporation related to imposition of property taxes. Provides that the corporation is authorized to pursue a controlled project, operating referendum, or school safety referendum (instead of the school city). Requires the county auditor to transfer to the corporation a percentage of the amount of revenue collected from the operations fund property tax levy that would otherwise be distributed to the school city and applicable charter schools. Establishes the corporation operations fund and corporation debt service fund. Provides that the corporation may issue bonds, enter leases, or otherwise incur indebtedness after March 31, 2026, and before July 1, 2027, only if the board of school commissioners of the school city first adopts a resolution approving the issuance of the bonds, entering into the lease, or incurring of indebtedness. Provides, beginning April 1, 2026, and ending June 30, 2027, the reduction of distributions to pay for debt service obligations issued by the corporation must be made from reductions of distributions to the school city for failure to pay debt service obligations.

• Robert Behning Republican · author
• Jeff Raatz Republican · sponsor

1. Jan 8, 2026 Coauthored by Representative McGuire · lower
2. Jan 8, 2026 Authored by Representative Behning · lower
3. Jan 8, 2026 First reading: referred to Committee on Education · lower
4. Jan 22, 2026 Committee report: amend do pass, adopted · lower
5. Jan 22, 2026 Recommitted to Committee on Ways and Means pursuant to House Rule 126.3 · lower
6. Jan 27, 2026 Committee report: amend do pass, adopted · lower
7. Jan 29, 2026 Amendment #10 (Behning) prevailed; voice vote · lower
8. Jan 29, 2026 Amendment #2 (DeLaney) failed; Roll Call 161: yeas 28, nays 60 · lower
9. Jan 29, 2026 Amendment #9 (Bartlett) failed; Roll Call 162: yeas 26, nays 60 · lower
10. Jan 29, 2026 Second reading: amended, ordered engrossed · lower
11. Jan 29, 2026 Amendment #6 (Smith V) failed; Roll Call 163: yeas 25, nays 62 · lower
12. Jan 29, 2026 Amendment #8 (Smith V) failed; Roll Call 164: yeas 24, nays 63 · lower
13. Feb 2, 2026 Third reading: passed; Roll Call 198: yeas 68, nays 30 · lower
14. Feb 2, 2026 Senate sponsors: Senators Raatz, Johnson T · lower
15. Feb 3, 2026 First reading: referred to Committee on Education and Career Development · upper
16. Feb 3, 2026 Referred to the Senate · lower
17. Feb 12, 2026 Committee report: amend do pass adopted; reassigned to Committee on Appropriations · upper
18. Feb 19, 2026 Committee report: do pass, adopted · upper
19. Feb 23, 2026 Amendment #5 (Raatz) prevailed; voice vote · upper
20. Feb 23, 2026 Amendment #3 (Qaddoura) failed; Roll Call 217: yeas 8, nays 39 · upper
21. Feb 23, 2026 Amendment #1 (Qaddoura) failed; Roll Call 218: yeas 7, nays 39 · upper
22. Feb 23, 2026 Amendment #2 (Qaddoura) failed; Roll Call 219: yeas 9, nays 39 · upper
23. Feb 23, 2026 Amendment #7 (Hunley) failed; voice vote · upper
24. Feb 23, 2026 Amendment #10 (Hunley) failed; Roll Call 220: yeas 9, nays 39 · upper
25. Feb 23, 2026 Amendment #11 (Hunley) failed; voice vote · upper
26. Feb 23, 2026 Amendment #8 (Hunley) failed; voice vote · upper
27. Feb 23, 2026 Amendment #12 (Hunley) failed; Roll Call 221: yeas 10, nays 38 · upper
28. Feb 23, 2026 Amendment #6 (Hunley) failed; voice vote · upper
29. Feb 23, 2026 Amendment #9 (Hunley) failed; voice vote · upper
30. Feb 23, 2026 Second reading: amended, ordered engrossed · upper
31. Feb 24, 2026 Third reading: passed; Roll Call 262: yeas 27, nays 21 · upper
32. Feb 24, 2026 Senator Johnson T removed as second sponsor · upper
33. Feb 25, 2026 Returned to the House with amendments · upper
34. Feb 25, 2026 House concurred with Senate amendments; Roll Call 384: yeas 67, nays 30 · lower
35. Feb 25, 2026 Motion to concur filed · lower
36. Feb 26, 2026 Signed by the Speaker · lower
37. Feb 27, 2026 Signed by the President Pro Tempore · upper
38. Feb 27, 2026 Signed by the President of the Senate · upper
39. Mar 4, 2026 Public Law 101 · lower
40. Mar 4, 2026 Signed by the Governor · executive