Bill Text: IN HB1315 | 2012 | Regular Session | Introduced
Bill Title: Choice scholarship funding.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-01-11 - First reading: referred to Committee on Ways and Means [HB1315 Detail]
Download: Indiana-2012-HB1315-Introduced.html
Citations Affected: IC 20-43; IC 20-51-4-12.
Synopsis: Choice scholarship funding. Provides for an advance
distribution of state tuition support to school corporations in the first
six months of a year to eliminate the effect of fiscal year and calendar
year limits on distributions. Makes an appropriation for the advance.
Limits the amount of choice scholarships to the amount that state
tuition support payments are reduced by the transfer of students from
a school corporation or charter school to a private school.
Effective: July 1, 2011 (retroactive); January 1, 2012 (retroactive).
January 10, 2012, read first time and referred to Committee on Ways and Means.
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(b) Subject to subsection (c), the department shall make an advance distribution of state tuition support to school corporations in the first six (6) months of the calendar year from payments the school corporations would otherwise receive in the second six (6)
months in the calendar year.
(c) The total amount advanced under this section in a calendar
year may not exceed the greater of zero (0) or the result of:
(1) the total amount of choice scholarships granted to students
described in subdivision (2) in the state fiscal year ending in
the first six (6) months of the calendar year; minus
(2) five-tenths (0.5) of the total amount of state tuition support
that would have been paid in the calendar year for students
who:
(A) were counted in the current ADM of a school
corporation in the previous calendar year; and
(B) were not counted in the current ADM of the school
corporation in the current calendar year because the
students attended an eligible school on a choice
scholarship.
(d) There is appropriated a sufficient amount to the department
from the state general fund to make the advances required by this
section, beginning January 1, 2012, and ending June 30, 2013.
(1) were counted in the current ADM of a school corporation in the previous calendar year; and
(2) were not counted in the current ADM of the school corporation in the current calendar year because the students attended an eligible school on a choice scholarship;
may be paid or encumbered from the appropriation for distribution for tuition support for the state fiscal year ending in the current calendar year.
(b) A determination under IC 4-13-2-18 or another law that the amount available for choice scholarships under this chapter for the remainder of the term of an appropriation or for any allotment period will be less than the amount estimated or allotted for the choice scholarships may not be the basis for reducing state tuition support distributions to school corporations and charter schools. The department shall proportionately reduce each choice scholarship granted under this chapter to eliminate the shortfall.
