Reprinted

January 19, 2005





SENATE BILL No. 112

_____


DIGEST OF SB 112 (Updated January 18, 2005 2:39 pm - DI 113)



Citations Affected: IC 21-3.

Synopsis: Academic honors diploma awards. Requires a school corporation to use money received as an academic honors diploma award for expenditures directly related to the school corporation's academic honors diploma program and program for high ability students. Requires a school corporation to prepare a report on how the award money was spent. Specifies that a school corporation shall make the report available for inspection by the department of education and members of the public.

Effective: July 1, 2005.





Meeks R, Breaux, Rogers, Long




    January 4, 2005, read first time and referred to Committee on Education and Career Development.
    January 13, 2005, reported favorably _ Do Pass.
    January 18, 2005, read second time, amended, ordered engrossed.





Reprinted

January 19, 2005

First Regular Session 114th General Assembly (2005)


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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SENATE BILL No. 112



    A BILL FOR AN ACT to amend the Indiana Code concerning education finance.

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

    SECTION 1. IC 21-3-1.7-9.8 IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2005]: Sec. 9.8. (a) In addition to the distributions under sections 8.2, 9.5, 9.7, and 9.9 of this chapter, a school corporation is eligible for an honors diploma award in the amount determined under STEP TWO of the following formula:
        STEP ONE: Determine the number of the school corporation's eligible pupils who successfully completed an academic honors diploma program in the school year ending in the previous calendar year.
        STEP TWO: Multiply the STEP ONE amount by nine hundred sixty-three dollars ($963).
    (b) Each year the governing body of a school corporation may use the money that the school corporation receives for an honors diploma award under this section to give nine hundred sixty-three dollars ($963) to each eligible pupil in the school corporation who successfully completes an academic honors diploma program in the school year ending in the previous calendar year.


    (b) An amount received by a school corporation as an honors diploma award may be used only for:
        (1) any:
            (A) staff training;
            (B) program development;
            (C) equipment and supply expenditures; or
            (D) other expenses;
        directly related to the school corporation's academic honors diploma program; and
        (2) the school corporation's program for high ability students.
    (c) The governing body of a school corporation shall prepare an annual report that summarizes the programs and services provided with the money received under this section. The report prepared under this subsection shall be made available for inspection by:
        (1) the department of education; and
        (2) members of the public.

A governing body that does not comply with this subsection for a school year is not eligible to receive an award under this section for the following school year until the governing body complies with this subsection.