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.
January 4, 2005, read first time and referred to Committee on Education and Career
January 13, 2005, reported favorably _ Do Pass.
January 18, 2005, read second time, amended, ordered engrossed.
A BILL FOR AN ACT to amend the Indiana Code concerning
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:
(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.