First Regular Session 118th General Assembly (2013)

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     AN ACT to amend the Indiana Code concerning education.

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

SOURCE: IC 20-40-8-19; (13)HE1110.1.1. -->
    SECTION 1. IC 20-40-8-19, AS AMENDED BY P.L.48-2011, SECTION 35, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2013]: Sec. 19. Money in the fund may be used before January 1, 2014, 2016, to pay for up to one hundred percent (100%) of the following costs of a school corporation:
        (1) Utility services.
        (2) Property or casualty insurance.
        (3) Both utility services and property or casualty insurance.
A school corporation's expenditures under this section may not in a calendar year exceed three and five-tenths percent (3.5%) of the school corporation's 2005 calendar year distribution.

HEA 1110 _ Concur


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