Title 20, TITLE 20. EDUCATION
368 chapters · 3,520 sections in this title.
Ind. Code § 20-46-9-9 Question form; referendum levy; percentage of property tax
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increase Sec. 9. (a) The question to be submitted to the voters in the referendum must read as follows: "Shall the school corporation increase property taxes paid to schools by homeowners and businesses for _____ (insert number of years) years immediately following the holding of…
Ind. Code § 20-49-9-1 Applicability
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Sec. 1. This chapter applies to the following: (1) A charter school that does not receive a pro rata share of local property tax revenue. (2) An innovation network school located in a school city, as defined in IC 20-25-2-12, that existed on January 1, 2015, that does not receive…
Ind. Code § 20-49-9-10 Terms; limitations
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Sec. 10. The following apply to an advance under this chapter: (1) Interest shall be charged at the rate of one percent (1%) per annum. (2) The outstanding advance amount at any one (1) time for a particular school may not exceed five million dollars ($5,000,000). (3) The term of…
Ind. Code § 20-49-9-11 Withholding power
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Sec. 11. To ensure timely payment of an advance according to the terms of the advance, the state board may withhold from funds due to the charter school to which the advance is made in the amount necessary to pay the advance. As added by P.L.213-2015, SEC.232.
Ind. Code § 20-49-9-12 Withholding; eligibility determination
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Sec. 12. If the state board withholds funds under this chapter, the state board first shall withhold funds from the distribution of state tuition support to the school to which the advance is made. If the state tuition support distribution is unavailable or inadequate, the state …
Ind. Code § 20-49-9-13 Advance not a constitutional debt
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Sec. 13. An advance under this chapter to a school is not an obligation of the school within the meaning of a constitutional limitation on or prohibition against indebtedness. This chapter does not relieve the organizer of the charter school of the duty to qualify the charter sch…
Ind. Code § 20-49-9-14 Authority to renegotiate the terms of an advance; application
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process Sec. 14. (a) The organizer of a charter school is the fiscal agent for the charter school and has exclusive control of the funds received by the charter school and all financial matters pertaining to the charter school. For purposes of this chapter, all references to a sc…
Ind. Code § 20-49-9-2 "Advance"
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Sec. 2. As used in this chapter, "advance" refers to an advance under this chapter. As added by P.L.213-2015, SEC.232.
Ind. Code § 20-49-9-3 "Charter school"
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Sec. 3. As used in this chapter, "charter school" refers to a school established under IC 20-24. However, the term does not include a virtual charter school or an adult high school (as defined in IC 20-24-1-2.3). As added by P.L.213-2015, SEC.232.
Ind. Code § 20-49-9-4 "School"
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Sec. 4. As used in this chapter, "school" refers to a charter school or an innovation network school described in section 1(a)(2) of this chapter. As added by P.L.213-2015, SEC.232.
Ind. Code § 20-49-9-5 Advance program established
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Sec. 5. (a) The charter and innovation network school advance program is established. The purpose of the program is to make advances to schools. (b) The state board shall administer the program. (c) The total amount of advances that the state board may make under this chapter dur…
Ind. Code § 20-49-9-6 Application procedure
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Sec. 6. (a) The state board shall establish a written application procedure for providing advances to schools. (b) To apply for an advance, a school must submit an application that contains the information required by the state board. As added by P.L.213-2015, SEC.232. IC 20-49-9…
Ind. Code § 20-49-9-8 Qualification criteria
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Sec. 8. (a) A school qualifies for an advance under this chapter if the school is one (1) of the following: (1) A charter school in its first or second year of operation. (2) A charter school that was placed in the "A", "B", or "C" category or designation of performance establish…
Ind. Code § 20-49-9-9 Advance on per student basis
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Sec. 9. The state board may make advances under this chapter on a per student basis. As added by P.L.213-2015, SEC.232.