Bill Text: IN SB0309 | 2010 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: School corporation budget year.
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: (Passed) 2010-03-26 - Sections 3 through 6 effective 07/01/2010 [SB0309 Detail]
Download: Indiana-2010-SB0309-Introduced.html
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear inthis style type.
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type orthis style type reconciles conflicts
between statutes enacted by the 2009 Regular and Special Sessions of the General Assembly.
Bill Title: School corporation budget year.
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: (Passed) 2010-03-26 - Sections 3 through 6 effective 07/01/2010 [SB0309 Detail]
Download: Indiana-2010-SB0309-Introduced.html
Introduced Version
SENATE BILL No. 309
_____
DIGEST OF INTRODUCED BILL
Citations Affected: IC 20-40-8-19.
Synopsis: School corporation expenditures. Provides that a school
corporation's expenditures from the capital projects fund for utility
services and property or casualty insurance may not, in 2010 and 2011,
exceed 6% instead of 3.5% of the school corporation's 2005 calendar
year distribution.
Effective: January 1, 2010 (retroactive).
Alting
January 11, 2010, read first time and referred to Committee on Appropriations.
Introduced
Second Regular Session 116th General Assembly (2010)
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or
SENATE BILL No. 309
A BILL FOR AN ACT to amend the Indiana Code concerning
education.
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: IC 20-40-8-19; (10)IN0309.1.1. -->
SECTION 1. IC 20-40-8-19, AS AMENDED BY P.L.182-2009(ss),
SECTION 322, IS AMENDED TO READ AS FOLLOWS
[EFFECTIVE JANUARY 1, 2010 (RETROACTIVE)]: Sec. 19. Money
in the fund may be used to pay for up to one hundred percent (100%)
of the following costs of a school corporation:
(1) Utility services.
(2) Property or casualty insurance.
(3) Both utility services and property or casualty insurance.
A school corporation's expenditures under this section may not exceed in 2010 and in 2011three and five-tenths percent (3.5%) six percent
(6%) of the school corporation's 2005 calendar year distribution.
(1) Utility services.
(2) Property or casualty insurance.
(3) Both utility services and property or casualty insurance.
A school corporation's expenditures under this section may not exceed in 2010 and in 2011
SOURCE: ; (10)IN0309.1.2. -->
SECTION 2. An emergency is declared for this act.
