Bill Title: Allocation of circuit breaker credits by schools. Extends the authority for certain school corporations to allocate circuit breaker credits proportionately (without taking protected taxes into account) through 2019. (Under current law, this authority extends only through 2018.) Provides that a school corporation may not allocate circuit breaker credits proportionately if: (1) the school corporation issued new debt in 2017, 2018, or 2019; and (2) the school corporation's debt service levy in 2018 or 2019 is greater than its 2016 debt service levy, and the school corporation's debt service tax rate in 2018 or 2019 is greater than its 2016 debt

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-01-04 - First reading: referred to Committee on Ways and Means [HB1042 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2017-01-04	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Indiana HB1042

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Indiana HB1042 currently on file.

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