Title 20, EDUCATION

Sec. 3. ARTICLE III. APPLICABILITY A. Except as otherwise provided in paragraph B, this compact applies to the children of the following: 1. An active duty member of the uniformed services, including a member of the National Guard and Reserve on active duty orders under 10 U.S.C.…

Sec. 4. ARTICLE IV. EDUCATIONAL RECORDS AND ENROLLMENT A. If official educational records cannot be released to the parents for the purpose of transfer, the custodian of the records in the sending state shall prepare and furnish to the parent a complete set of unofficial educatio…

Sec. 5. ARTICLE V. PLACEMENT AND ATTENDANCE A. When a student transfers before or during a school year, the receiving state school initially shall honor placement of the student in educational courses based on the student's enrollment in the sending state school, on educational a…

Sec. 6. ARTICLE VI. ELIGIBILITY A. Eligibility for enrollment 1. A special power of attorney, relative to the guardianship of a child of a military family, is sufficient for the purposes of enrollment and all other actions requiring parental participation and consent. 2. A local …

Sec. 7. ARTICLE VII. GRADUATION To facilitate the on time graduation of children of military families, states and local education agencies shall follow the following procedures: A. Local education agency administrative officials shall waive specific courses required for graduatio…

Sec. 8. ARTICLE VIII. STATE COORDINATION A. A member state shall create a state council or use an existing body or board to coordinate the actions of government agencies, local education agencies, and military installations concerning the state's participation in and compliance w…

Sec. 9. ARTICLE IX. INTERSTATE COMMISSION ON EDUCATIONAL OPPORTUNITY FOR MILITARY CHILDREN The member states hereby create the interstate commission on Educational Opportunity for Military Children. The activities of the interstate commission are the formation of public policy an…

Sec. 1. The books, papers, and accounts of any township trustee concerning schools are at all times subject to the inspection of the school examiner, the county auditor, and the board of county commissioners of the proper county. [Pre-2006 Recodification Citation: 21-1-1-74.] As …

Sec. 2. For purposes of an inspection, the school examiner, county auditor, and board of county commissioners may by subpoena: (1) summon before them any trustee; and (2) require the production of books, papers, and accounts; after three (3) days notice of the time to appear and …

Sec. 3. If any books and accounts have been imperfectly kept, the board of commissioners may correct them. If fraud appears, the board of commissioners shall remove the person guilty of the fraud. [Pre-2006 Recodification Citation: 21-1-1-76.] As added by P.L.2-2006, SEC.162.

Sec. 4. The state board of accounts shall prescribe accounting forms to be used by the county committees (as defined in IC 20-23-4-4) and shall audit the financial records of each county committee (as defined in IC 20-23-4-4). [Pre-2006 Recodification Citation: 20-23-4-41.] As ad…

Sec. 1. As used in this chapter, "fund" refers to an operating referendum tax levy fund established under section 3 of this chapter. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.163. Amended by P.L.244-2017, SEC.73.

Sec. 2. As used in this chapter, "levy" refers to a property tax levy imposed under IC 20-46-1 for the fund. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.163.

Sec. 3. The governing body of each school corporation for which a levy is: (1) transferred; or (2) approved; under IC 20-46-1 shall establish an operating referendum tax levy fund. [Pre-2006 Recodification Citation: 21-2-11.6-3(a).] As added by P.L.2-2006, SEC.163. Amended by P.L…

Sec. 4. Property tax collections from a levy shall be deposited in the fund. [Pre-2006 Recodification Citation: 21-2-11.6-3(c) part.] As added by P.L.2-2006, SEC.163.

Sec. 5. Money in the fund may be used for any lawful school expenses, including making a transfer to the school corporation's education fund (IC 20-40-2) or operations fund (IC 20-40-18). [Pre-2006 Recodification Citation: 21-2-11.6-3(c) part.] As added by P.L.2-2006, SEC.163. Am…

Sec. 1. If a computation under this article results in a fraction and a rounding rule is not specified, the fraction shall be rounded as follows: (1) All calculations related to the complexity index shall be computed by rounding to the nearest ten thousandth (0.0001). (2) All tui…

Sec. 4. (a) This subsection applies to the determination of a school corporation's previous year's revenue for purposes of determining distributions under this article. A school corporation's previous year revenue equals the amount determined using the following formula: STEP ONE…

Sec. 7. (a) This section applies to distributions under this article that are computed in any part based on a count of students under IC 20-43-4-2. (b) If the state board subsequently adjusts under IC 20-43-4-3.5 a count used for a distribution under this article, the department …

Sec. 8. A school corporation's foundation amount is the following: (1) Six thousand nine hundred sixty-seven dollars ($6,967) for the state fiscal year beginning July 1, 2025. (2) Seven thousand seventy-one dollars ($7,071) for the state fiscal year beginning July 1, 2026. As add…

Sec. 1. As used in this chapter, "fund" refers to a levy excess fund established under IC 20-40-10-2. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.167. Amended by P.L.1-2007, SEC.153.

Sec. 2. As used in this chapter, "levy excess" means that part of the property tax levy actually collected by a school corporation for taxes first due and payable during a particular calendar year that exceeds the school corporation's total levy, as approved by the department of …

Sec. 3. A school corporation's levy excess is valid. [Pre-2006 Recodification Citation: 6-1.1-19-1.7(b) part.] As added by P.L.2-2006, SEC.167. Amended by P.L.146-2008, SEC.491.

Sec. 4. Except as provided in section 9 of this chapter, a school corporation shall deposit its levy excess in a fund to be known as the school corporation's levy excess fund. [Pre-2006 Recodification Citation: 6-1.1-19-1.7(b) part.] As added by P.L.2-2006, SEC.167.

Sec. 5. The department of local government finance shall require a school corporation to include the amount in the school corporation's fund in the school corporation's budget fixed under IC 6-1.1-17. [Pre-2006 Recodification Citation: 6-1.1-19-1.7(d).] As added by P.L.2-2006, SE…

Sec. 6. Except as provided in section 7 of this chapter, a school corporation may not spend money in its fund until the expenditure of the money has been included in a budget that has been approved by the department of local government finance under IC 6-1.1-17. For purposes of f…

Sec. 7. A school corporation may transfer money from its fund to its other funds to reimburse those funds for amounts withheld from the school corporation as a result of refunds paid under IC 6-1.1-26. [Pre-2006 Recodification Citation: 6-1.1-19-1.7(f).] As added by P.L.2-2006, S…

Sec. 9. If the amount that would be deposited in the fund of a school corporation for a particular calendar year is less than ten thousand dollars ($10,000), no money shall be deposited in the fund of the school corporation for that year. [Pre-2006 Recodification Citation: 6-1.1-…

Sec. 1. This chapter does not apply to a charter school. [Pre-2006 Recodification Citation: 21-2-15-3 part.] As added by P.L.2-2006, SEC.170.

Sec. 1.3. As used in this chapter, "corporation board" refers to the Indianapolis public education corporation board appointed under IC 20-25.3-3-2. As added by P.L.101-2026, SEC.41.

Sec. 1.5. As used in this chapter, "public education corporation" refers to the Indianapolis public education corporation established by IC 20-25.3-3-1. As added by P.L.101-2026, SEC.42.

Sec. 10. (a) At the hearing, all interested persons have a right to be heard upon the necessity for the execution of the proposed lease and whether the rental to be paid to the lessor corporation under the proposed lease is a fair and reasonable rental for the proposed building. …

Sec. 11. (a) If the execution of the lease as originally agreed upon or as modified by agreement is authorized by the governing body or bodies of the school corporation or corporations or the corporation board, the governing body or corporation board shall give notice of the sign…

Sec. 12. An action to contest the validity of the lease or to enjoin the performance of any of the terms and conditions of the lease may not be instituted at any time later than: (1) thirty (30) days after publication of notice of the execution of the lease by the governing body …

Sec. 13. (a) Except as provided in subsection (b), the lessor corporation shall acquire, own, and hold in fee simple the land on which a school building or buildings are to be erected under this chapter. (b) The lessor corporation may acquire, own, and hold in fee simple the land…

Sec. 14. A school corporation or the public education corporation that executes a lease under this chapter shall annually appropriate and pay out of the debt service fund an amount sufficient to pay the lease rental required under the lease. The appropriation and rate are reviewa…

Sec. 15. School buildings leased by a lessor corporation entering into a lease with a school corporation, school corporations, or the public education corporation under this chapter are exempt from all state, county, and other taxes. However, the rental payments to a lessor corpo…

Sec. 16. This chapter shall be construed as being supplemental to all other laws covering the acquisition, use, and maintenance of school buildings by school corporations or the public education corporation. However, as to school buildings constructed or leased under this chapter…

Sec. 17. (a) A corporation qualifying as a lessor corporation under this chapter may issue and sell bonds and other securities. Mortgage bonds issued by a lessor corporation that are a first lien on the leased property are legal and proper investments for state banks and trust co…

Sec. 18. (a) Upon the termination of a lease entered into under this chapter, the lessor corporation shall return to the school corporation or public education corporation any money held by the lessor corporation that exceeds the amount needed to retire bonds issued under this ch…

Sec. 2. As used in this chapter, "school building" means a building used as part of or in connection with the operation of schools and includes the: (1) site for the building; (2) equipment for the building; and (3) appurtenances to the building, such as heating facilities, water…

Sec. 3. (a) A school corporation or the public education corporation may lease a school building or buildings for the use of: (1) the school corporation or public education corporation; or (2) a joint or consolidated school district of which the school corporation is a part or to…

Sec. 4. A school corporation, school corporations, or the public education corporation may enter into a lease or lease with option to purchase under this chapter only with: (1) a corporation organized under Indiana law or admitted to do business in Indiana; or (2) a religious org…

Sec. 5. (a) Except as provided in subsections (d) and (e), a lease must provide that the school corporation, school corporations, or the public education corporation have an option to: (1) renew the lease for a further term on like conditions; and (2) purchase the property covere…

Sec. 6. (a) A lessor corporation proposing to build a school building or buildings must submit preliminary plans, specifications, and estimates for the building or buildings to the lessee or lessees before the execution of the lease. Final plans and specifications must be submitt…

Sec. 7. A lease entered into under this chapter may provide that as a part of the lease rental for the school building or buildings the lessee or lessees shall: (1) pay all taxes and assessments levied against or on account of the leased property; (2) maintain insurance on the le…