HB 1257-12_ Filed 02/19/2007, 10:49 Behning


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    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______
    RULED OUT OF ORDER


[

HOUSE MOTION ____

]

MR. SPEAKER:

    I move that House Bill 1257 be amended to read as follows:

    Delete the title and insert the following:
    A BILL FOR AN ACT to amend the Indiana Code concerning charter schools.

SOURCE: Page 2, line 40; (07)MO125715.2. -->     Page 2, between lines 40 and 41, begin a new paragraph and insert:
SOURCE: IC 20-43-6-3; (07)MO125715.3. -->     "SECTION 3. IC 20-43-6-3, AS ADDED BY P.L.2-2006, SECTION 166, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JANUARY 1, 2008]: Sec. 3. (a) A school corporation's total target revenue for a calendar year is the amount determined under the applicable provision of this section.
    (b) This subsection applies to a school corporation (other than a charter school described in subsection (d)) that has target revenue per ADM for a calendar year that is not equal to the school corporation's foundation amount for the calendar year. The school corporation's total target revenue for a calendar year is equal to the school corporation's guaranteed minimum revenue for the calendar year.
    (c) This subsection applies to a school corporation (other than a charter school described in subsection (d)) that has target revenue per ADM for a calendar year that is equal to the school corporation's foundation amount for the calendar year. The school corporation's total target revenue for a calendar year is the sum of the following:
        (1) The school corporation's foundation amount for the calendar year multiplied by the school corporation's adjusted ADM for the current year.
        (2) The amount of the annual decrease in federal aid to impacted areas from the year preceding the ensuing calendar year by three (3) years to the year preceding the ensuing calendar year by two (2) years.
        (3) The part of the school corporation's maximum permissible tuition support levy for the year that equals the original amount of the levy imposed by the school corporation to cover the costs of opening a new school facility or reopening an existing facility during the preceding year.
     (d) This subsection applies to a charter school. A charter school's total target revenue for a calendar year equals the result of:
        (1) the charter school's target revenue per ADM for the calendar year; multiplied by
        (2) the charter school's current ADM.
".
    Renumber all SECTIONS consecutively.
    (Reference is to HB 1257 as printed February 14, 2007.)

________________________________________

Representative Behning


MO125715/DI 116     2007