Comments: IN HB1397 | 2019 | Regular Session

Bill Title: School corporations. Provides that before September 15 of any year, a governing body may pass a one year resolution indicating that a portion or percentage of money transferred from the operations fund to the education fund may be considered education fund revenue for purposes of determining whether a teacher collective bargaining agreement would place the employer in a position of deficit financing. Makes a technical amendment. Provides that a school corporation shall submit a copy of the resolution to the department of local government finance on or before November 1. Provides that the resolution shall include: (1) all transfers between the operations fund and the education fund; and (2) a statement regarding whether or not the transfer is for the purpose of funding teacher contracts.

Spectrum: Slight Partisan Bill (Republican 6-2)

Status: (Passed) 2019-05-05 - Public Law 254 [HB1397 Detail]

Text: Latest bill text (Enrolled) [PDF]

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