IN HB1123 | 2015 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 8 2015 - 25% progression, died in committee
Action: 2015-01-15 - Representative Karickhoff added as coauthor
Pending: House Education Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Donations to educational foundations. Reenacts a provision (which expired in 2012) that authorizes a school corporation to donate up to $25,000 per year from any fund of the school corporation from which the donation may be made legally to a public school endowment corporation or nonprofit charitable community foundation if the donation is matched by a private donor. Specifies that the principal and income from the donation shall be distributed only to the school corporation as directed by resolution of the governing body of the school corporation, and that the school corporation may use the distributions only for programs and

Tracking Information

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Title

Donations to educational foundations. Reenacts a provision (which expired in 2012) that authorizes a school corporation to donate up to $25,000 per year from any fund of the school corporation from which the donation may be made legally to a public school endowment corporation or nonprofit charitable community foundation if the donation is matched by a private donor. Specifies that the principal and income from the donation shall be distributed only to the school corporation as directed by resolution of the governing body of the school corporation, and that the school corporation may use the distributions only for programs and

Sponsors


History

DateChamberAction
2015-01-15HouseRepresentative Karickhoff added as coauthor
2015-01-08HouseFirst Reading: referred to Committee on Education
2015-01-08HouseAuthored by Representative Porter
2015-01-08HouseCoauthored by Representative Smith M

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