February 27, 2003





HOUSE BILL No. 1322

_____


DIGEST OF HB 1322 (Updated February 25, 2003 7:46 PM - DI 109)



Citations Affected: Noncode.

Synopsis: Education funding. Provides that the annual appropriation of state and local funds for the operation of nonconversion charter schools may not exceed six million dollars during each state fiscal year beginning July 1, 2003, and ending June 30, 2004.

Effective: July 1, 2003.





Porter , Scholer




    January 13, 2003, read first time and referred to Committee on Education.
    February 26, 2003, amended, reported _ Do Pass.






February 27, 2003

First Regular Session 113th General Assembly (2003)


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.
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HOUSE BILL No. 1322



    A BILL FOR AN ACT concerning education.

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

SOURCE: ; (03)HB1322.1.1. -->     SECTION 1. [EFFECTIVE JULY 1, 2003] (a) Beginning July 1, 2003, the annual appropriation of state and local funds for the operation of nonconversion charter schools may not exceed the lesser of the following:
        (1) Six million dollars ($6,000,000).
        (2) The actual total state and local funds allocated by the state or transferred from school corporations to nonconversion charter schools in the state fiscal year beginning July 1, 2003, and ending June 30, 2004.
    (b) The state and local funds allocated and local funds transferred from school corporations under subsection (a)(2) include the costs of:
        (1) students transferring from existing public schools to nonconversion charter schools; and            
        (2) students enrolling in nonconversion charter schools who were not previously enrolled in existing public schools.
    (c) This SECTION expires June 30, 2005.