IN SB0448 | 2015 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 12 2015 - 25% progression, died in committee
Action: 2015-01-12 - First Reading: referred to Committee on Appropriations
Pending: Senate Appropriations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

School corporation financial management. Establishes the financially distressed school corporation appeals board to evaluate and authorize emergency relief to school corporations that the board determines are unable to carry out their public education responsibilities. Establishes the distressed school fund. Permits a loan or advance from the counter-cyclical revenue and economic stabilization fund, the distressed school fund, or the common school fund to a distressed school corporation.

Tracking Information

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Title

School corporation financial management. Establishes the financially distressed school corporation appeals board to evaluate and authorize emergency relief to school corporations that the board determines are unable to carry out their public education responsibilities. Establishes the distressed school fund. Permits a loan or advance from the counter-cyclical revenue and economic stabilization fund, the distressed school fund, or the common school fund to a distressed school corporation.

Sponsors


History

DateChamberAction
2015-01-12SenateFirst Reading: referred to Committee on Appropriations
2015-01-12SenateAuthored by Senator Rogers

Indiana State Sources


Bill Comments

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