Introduced Version






HOUSE BILL No. 1419

_____


DIGEST OF INTRODUCED BILL



Citations Affected: None (noncode).

Synopsis: Education funding. Provides a one time grant to a school corporation that is equal to the difference between: (1) the amount of the school corporation's state tuition support for 2001 as calculated under the state tuition support worksheet provided by the department of education in July 2000, but using the most recent version of the data required by the worksheet; and (2) the amount of state tuition support the school corporation is entitled to receive for 2001 under state statute. Specifies that the grant may not be considered in determining the school corporation's state tuition support or general fund property tax rate. Provides that in 2002 a school corporation may increase its general fund property tax levy by an amount equal to the school corporation's general fund property tax levy for 2001, as calculated under the state tuition support worksheet provided by the department in July 2000, but using the most recent version of the data required by the worksheet, minus the amount of the school corporation's general fund property tax levy for 2001. Specifies that the increase in the general fund levy is allowed only for 2002 and may not be used in the calculation of tuition support or the school corporation's maximum general fund property tax levy in 2002 and thereafter.

Effective: Upon passage.





Bauer




    January 11, 2001, read first time and referred to Committee on Ways and Means.







Introduced

First Regular Session 112th General Assembly (2001)


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 this 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 or this style type reconciles conflicts between statutes enacted by the 2000 General Assembly.

HOUSE BILL No. 1419



    A BILL FOR AN ACT concerning education finance.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: ; (01)IN1419.1.1. -->     SECTION 1. [EFFECTIVE UPON PASSAGE] (a) As used in this SECTION, "department" refers to the department of education.
    (b) A school corporation is entitled to a one (1) time grant equal to the amount determined under the following STEPS:
        STEP ONE: Determine the amount of the school corporation's state tuition support for 2001 as calculated under the state tuition support worksheet provided by the department in July 2000, but using the most recent version of the data required by the worksheet.
        STEP TWO: Determine the amount of state tuition support the school corporation is entitled to receive for 2001 under IC 21-3-1.7.
        STEP THREE: Determine the greater of zero (0) or the result of:
            (A) the STEP ONE amount; minus
            (B) the STEP TWO amount.
    (c) A school corporation may use the proceeds of a grant under this SECTION for any purposes for which state tuition support

distributions under IC 21-3-1.7 may be used.
    (d) The department shall do the following:
        (1) Determine before July 1, 2001, which school corporations are eligible for a grant under this SECTION.
        (2) Pay the grants as follows to eligible school corporations under this SECTION:
            (A) One-third (1/3) of the grant on July 2, 2001.
            (B) One-third (1/3) of the grant on September 4, 2001.
            (C) One-third (1/3) of the grant on December 3, 2001.
    (e) Notwithstanding any other provision, a grant provided to a school corporation under this SECTION may not be considered in determining the school corporation's state tuition support under IC 21-3-1.7-8 or the school corporation's general fund property tax rate under IC 6-1.1-19-1.5.
    (f) Notwithstanding IC 6-1.1-19, a school corporation may in 2002 increase its general fund property tax levy above the maximum general fund property tax levy determined under IC 6-1.1-19 by an amount determined under the following STEPS:
        STEP ONE: Determine the amount of the school corporation's general fund property tax levy for 2001, as calculated under the state tuition support worksheet provided by the department in July 2000, but using the most recent version of the data required by the worksheet.
        STEP TWO: Determine the amount of the school corporation's general fund property tax levy for 2001 as determined under IC 21-3-1.7 and IC 6-1.1-19.
        STEP THREE: Determine the greater of zero (0) or the result of:
            (A) the STEP ONE amount; minus
            (B) the STEP TWO amount.
The increase in the general fund property tax levy under this section is allowed only for 2002 and may not be used in the calculation of tuition support under IC 21-3-1.7 or the school corporation's maximum general fund property tax levy under IC 6-1.1-19 in 2002 and thereafter.

SOURCE: ; (01)IN1419.1.2. -->     SECTION 2. An emergency is declared for this act.