SB 143-2_ Filed 01/23/2012, 10:42 Broden
SENATE MOTION
MADAM PRESIDENT:
I move
that Senate Bill 143 be amended to read as follows:
SOURCE: Page 1, line 3; (12)MO014301.1. -->
Page 1, line 3, delete "JANUARY 1, 2013]:" and insert "UPON
PASSAGE]:".
Page 1, line 3, after "end" insert " of the state fiscal year ending
June 30, 2013, and after the end".
Page 1, line 4, after "year" delete "," and insert " thereafter,".
Page 1, line 14, delete "JANUARY 1, 2013]:" and insert "UPON
PASSAGE]:".
Page 1, line 16, after "budget" insert " under section 1 of this
chapter".
Page 2, line 10, strike "the" and insert " 2013 and September 30 of
each".
Page 2, line 10, after "year" delete "." and insert " thereafter.".
Page 3, between lines 16 and 17, begin a new paragraph and insert:
SOURCE: ; (12)MO014301.5. -->
"SECTION 5. [EFFECTIVE JULY 1, 2012]
(a) As used in this
SECTION, "school corporation" has the meaning set forth in
IC 20-43-1-23.
(b) In addition to the amounts appropriated in P.L.229-2011,
SECTION 9, for DISTRIBUTIONS FOR TUITION SUPPORT,
three hundred twenty-seven million dollars ($327,000,000) is
appropriated for the state fiscal year beginning July 1, 2012, and
ending June 30, 2013, to make additional tuition support
distributions to school corporations during 2012.
(c) The total amount of the additional tuition support
distribution that a school corporation is entitled to receive under
this SECTION during 2012 is equal to the result of the following
STEPS:
STEP ONE: Determine the result of:
(A) the tuition support distribution that would otherwise
be received in 2012 by the school corporation, without
considering the distributions made under this SECTION;
divided by
(B) the total amount of tuition support distributions that
would otherwise be received in 2012 by all school
corporations, without considering the distributions made
under this SECTION.
STEP TWO: Multiply the STEP ONE result by three hundred
twenty-seven million dollars ($327,000,000).
(d) The additional tuition support distribution that a school
corporation is entitled to receive under this SECTION shall be
made monthly in six (6) equal amounts during the last six (6)
months of 2012.
(e) In determining a school corporation's previous year revenue
under IC 20-43-3-4 for purposes of calculating the school
corporation's tuition support distributions under IC 20-43 for
2013, the amount distributed in 2012 to the school corporation as
an additional tuition support distribution under this SECTION
shall also be included in the school corporation's previous year
revenue.
(f) This SECTION expires January 1, 2015.".
Renumber all SECTIONS consecutively.
(Reference is to SB 143 as printed January 20, 2012.)
________________________________________
Senator BRODEN