Indiana Senate Bill 260 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2020 - 25% progression, died in committee
Action: 2020-01-09 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]

Education funding. Requires the superintendent of each school corporation to submit the report compiled by the office of management and budget concerning the ratio of student instructional expenditures to all other expenditures to the local board of finance for the school corporation. Requires a redevelopment commission to provide notice of an adopted resolution concerning an area in need of redevelopment, an economic development area, or an allocation area, to the: (1) president of the governing body; and (2) superintendent; of each school corporation that is wholly or partly located within the allocation area established by the commission. Requires a redevelopment commission to provide information concerning each tax increment financing district to the: (1) president of the governing body; and (2) superintendent; of each school corporation that is wholly or partly located within the allocation area established by the commission. Requires an audit of a redevelopment commission or department of redevelopment to include a review of tax increment financing district allocation area funds.

Education funding.

Sen. Victoria Spartz [R]

Date	Chamber	Action
2020-01-09	Senate	First reading: referred to Committee on Tax and Fiscal Policy
2020-01-09	Senate	Authored by Senator Spartz

Type	Source
Summary	https://iga.in.gov/legislative/2020/bills/senate/260/details
Text	http://iga.in.gov/static-documents/6/d/a/2/6da2538a/SB0260.01.INTR.pdf