reglab/statecodes huggingface dataset:
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-8. Deposit of Interest in Fund

Sec. 8. The payment of annual interest must be full and complete every year. The payment must appear in the county auditor's report to the secretary of education. The secretary of education shall, at any time when the secretary of education discovers from the report, or otherwise, that there is a deficit in the amount collected, for want of prompt collection or otherwise, direct the attention of the board of county commissioners and the county auditor to the fact. The board of commissioners shall provide for the deficit in their respective counties.
[Pre-2006 Recodification Citation: 21-1-1-2 part.]
As added by P.L.2-2006, SEC.165. Amended by P.L.43-2021, SEC.127.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-9. Required Transfer of Revenue to State

Sec. 9. (a) This section does not apply to a fund entrusted to a county before November 1, 1851.
(b) Loans may not be made of the principal of the common school funds held in trust by the several counties of the state. Each county auditor and treasurer shall forward semiannually all payments made and all interest collected on any loan made before March 7, 1953, by any county from the fund, to the treasurer of state. The amount transferred to the treasurer of state must be held under IC 20-49-3.
[Pre-2006 Recodification Citation: 21-1-10-1.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-10. Loans; Required Interest Rate

Sec. 10. Subject to section 9 of this chapter, the:
(1) principal belonging to a fund; and
(2) accumulations to the principal of a fund held by a county;
must be loaned at four percent (4%) per annum. Loans made before June 1, 1943, with a rate of interest higher than four percent (4%) per annum must have an interest rate of four percent (4%) per annum.
[Pre-2006 Recodification Citation: 21-1-7-1.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-11. Minimum Balance; Loans; Maximum Term

Sec. 11. In a county where the total amount in the:
(1) fund; or
(2) congressional township school fund;
accumulates to the amount of at least one thousand dollars ($1,000), a county may borrow and use the funds or any part of the funds for any lawful purpose for a period not exceeding five (5) years.
[Pre-2006 Recodification Citation: 21-1-7-3.]
As added by P.L.2-2006, SEC.165. Amended by P.L.162-2006, SEC.40.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-12. Form of Loan Agreement

Sec. 12. (a) If a county council borrows funds under this chapter, the county council shall adopt an ordinance specifying the amount of the funds to be borrowed and specify the time for which the loan will be made. The board of county commissioners shall execute to the state of Indiana for the use of the funds a written obligation, executed by the board of county commissioners and attested by the county auditor, that specifies the following:
(1) The facts under which the written obligation is executed.
(2) The sum of money borrowed.
(3) The time when the money will be repaid to the fund by the county.
(b) The obligation must be deposited with the county auditor of the county. The county auditor shall retain the obligation and record entries concerning the loans. The provisions of IC 6-1.1-20 concerning the loan to the county from the school funds apply to this section.
[Pre-2006 Recodification Citation: 21-1-7-4.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-13. Distribution of Loaned Amount From Fund

Sec. 13. After the obligation is deposited with the county auditor under section 12 of this chapter, the county auditor shall issue a warrant to the county treasurer, to be paid to the county for the amount of money specified in the ordinance and obligation. When the warrant is presented to the county treasurer, the treasurer shall transfer from the fund the amount contained in the warrant from the principal sum of the fund to the credit of the county revenue of the county. Funds transferred under this section become a part of the general revenue funds of the county.
[Pre-2006 Recodification Citation: 21-1-7-5.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-14. Investments

Sec. 14. (a) If the funds remain in the county treasury of the county for four (4) months without having been loaned under this chapter, upon the request of the county auditor, the board of county commissioners may, by an order entered of record, direct the county treasurer to invest the funds in:
(1) bonds, notes, certificates, and other valid obligations of the United States; and
(2) bonds, notes, debentures, and other securities issued by any federal instrumentality that are fully guaranteed by the United States.
(b) If it becomes necessary to obtain the funds invested in the government bonds under subsection (a) to be able to make a loan to any borrower, whose application has been approved and granted, the treasurer shall sell, at the earliest opportunity, a sufficient amount of the government bonds to make the loan.
[Pre-2006 Recodification Citation: 21-1-7-6.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 1. Administration of Common School Fund by County › 20-42-1-15. Receipts for Payment of Principal or Interest on Loan

Sec. 15. (a) All payments of principal or interest must be paid to the county treasurer. The:
(1) county treasurer shall file a receipt with the county auditor; and
(2) county auditor shall give the payor a receipt and record the payment.
(b) The county auditor may accept payment of principal or interest if the county auditor can immediately transmit and pay the payment to the county treasurer.
[Pre-2006 Recodification Citation: 21-1-7-13.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-1. Application

Sec. 1. This chapter applies to a county that has money in a fund and has not surrendered custody of the fund to the treasurer of state under section 4.5 of this chapter, or a predecessor law.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.165. Amended by P.L.39-2008, SEC.1.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-2. "Fund"

Sec. 2. As used in this chapter, "fund" refers to a congressional township school fund administered by a county.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-3. Sources of Fund

Sec. 3. The fund derived from the sale of congressional township school lands constitutes the congressional township school fund.
[Pre-2006 Recodification Citation: 21-1-1-1 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-4. Prohibition on Reducing Principal of Fund

Sec. 4. The fund shall never be diminished in amount.
[Pre-2006 Recodification Citation: 21-1-1-1 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-5. County Liability for Fund

Sec. 5. A county shall be held liable for the:
(1) preservation of the part of the fund as is entrusted or has been entrusted to the county; and
(2) payment of the annual interest on the fund, at the rate established by law.
[Pre-2006 Recodification Citation: 21-1-1-2 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-6. Deposit of Interest in Fund

Sec. 6. The payment of annual interest must be full and complete every year. The payment must appear in the county auditor's or treasurer of state's report to the secretary of education. The secretary of education shall, at any time when the secretary of education discovers that there is a deficit in the amount collected, direct the attention of the board of county commissioners and the county auditor to the fact. The board of commissioners shall provide for the deficit in the commissioners' respective counties.
[Pre-2006 Recodification Citation: 21-1-1-2 part.]
As added by P.L.2-2006, SEC.165. Amended by P.L.39-2008, SEC.3; P.L.43-2021, SEC.128.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-7. Annual Distribution of Balance to School Corporations

Sec. 7. The county auditor of each county or the treasurer of state shall, semiannually, on the second Monday of July and on the last Monday in January make apportionment of the amount of the congressional township school revenue belonging to each school corporation. The apportionment shall be paid to each school corporation's treasurer.
[Pre-2006 Recodification Citation: 21-1-1-54 part.]
As added by P.L.2-2006, SEC.165. Amended by P.L.39-2008, SEC.4.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-8. Report to Secretary of Education

Sec. 8. The county auditor or treasurer of state shall report the amount apportioned to the secretary of education, verified by affidavit.
[Pre-2006 Recodification Citation: 21-1-1-54 part.]
As added by P.L.2-2006, SEC.165. Amended by P.L.39-2008, SEC.5; P.L.43-2021, SEC.129.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-9. Distributions Proportional to Balance Deposited in Fund From Township

Sec. 9. The income of the fund belonging to any congressional township or part of a congressional township may not be:
(1) diminished by an apportionment; or
(2) diverted or distributed to another township.
[Pre-2006 Recodification Citation: 21-1-1-54 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-10. Loans; Required Interest Rate

Sec. 10. The:
(1) principal belonging to the fund; and
(2) accumulations to the principal of a fund held by a county;
must be loaned at four percent (4%) per annum. Loans made before June 1, 1943, with a rate of interest higher than four percent (4%) per annum must have an interest rate of four percent (4%) per annum.
[Pre-2006 Recodification Citation: 21-1-7-1 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-11. Minimum Balance; Loans; Maximum Term

Sec. 11. In a county where the total amount in the:
(1) common school fund; or
(2) fund;
accumulates to the amount of at least one thousand dollars ($1,000), a county may borrow and use the funds, or any part of the funds, for any lawful purpose for a period not exceeding five (5) years.
[Pre-2006 Recodification Citation: 21-1-7-3 part.]
As added by P.L.2-2006, SEC.165. Amended by P.L.162-2006, SEC.41.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-12. Form of Loan Agreement

Sec. 12. (a) If a county council borrows funds under this chapter, the county council shall adopt an ordinance specifying the amount of the funds to be borrowed and specify the time when the loan will be made. The board of county commissioners shall execute to the state of Indiana for the use of the funds a written obligation, executed by the board of county commissioners and attested by the county auditor, that specifies the following:
(1) The facts under which the written obligation is executed.
(2) The sum of money borrowed.
(3) The time when the money will be repaid to the fund by the county.
(b) The obligation must be deposited with the county auditor. The county auditor shall retain the obligation and record entries concerning the loans. The provisions of IC 6-1.1-20 concerning the loan to the county from the school funds apply to this section.
[Pre-2006 Recodification Citation: 21-1-7-4 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-13. Distribution of Loaned Amount From Fund

Sec. 13. After the obligation is deposited with the county auditor under section 12 of this chapter, the county auditor shall issue a warrant to the county treasurer to be paid to the county for the amount of money specified in the ordinance and obligation. When the warrant is presented to the county treasurer, the treasurer shall transfer from the fund the amount contained in the warrant from the principal sum of the fund to the credit of the county revenue of the county. Funds transferred under this section become a part of the general revenue funds of the county.
[Pre-2006 Recodification Citation: 21-1-7-5 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-14. Investments

Sec. 14. (a) If the funds remain in the county treasury of the county for four (4) months without having been loaned under this chapter, upon the request of the county auditor, the board of county commissioners may, by an order entered of record, direct the county treasurer to invest the funds in:
(1) bonds, notes, certificates, and other valid obligations of the United States; and
(2) bonds, notes, debentures, and other securities issued by any federal instrumentality that are fully guaranteed by the United States.
(b) If it becomes necessary to obtain the funds invested in the government bonds under subsection (a) to be able to make a loan to any borrower, whose application has been approved and granted, the treasurer shall sell, at the earliest opportunity, a sufficient amount of the government bonds to make the loan.
[Pre-2006 Recodification Citation: 21-1-7-6 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 2. County Administration of Congressional Township School Fund › 20-42-2-15. Receipts for Payment of Principal or Interest on Loan

Sec. 15. All payments of principal or interest must be paid to the county treasurer. The:
(1) treasurer shall file a receipt with the county auditor; and
(2) auditor shall give the payor a receipt and record the payment.
The county auditor may accept payment of principal or interest if the county auditor can immediately transmit and pay the payment to the county treasurer.
[Pre-2006 Recodification Citation: 21-1-7-13 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-2. "Account"

Sec. 2. As used in this chapter, "account" refers to the seminary lands school account established under section 8 of this chapter.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-3. "Fund"

Sec. 3. As used in this chapter, "fund" refers to a seminary township school fund established under section 5 of this chapter.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-4. "Seminary Land"

Sec. 4. As used in this chapter, "seminary land" means land dedicated to the inhabitants of a township by the Northwest Territory Ordinance of 1787 for educational purposes.
[Pre-2006 Recodification Citation: 21-2-1-1 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-5. Establishment of Fund

Sec. 5. There is established in any township containing seminary land a fund to be known as the seminary township school fund.
[Pre-2006 Recodification Citation: 21-2-1-1 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-6. Source of Fund Balance

Sec. 6. The fund consists of all money received before August 18, 1969, from the rental of seminary lands.
[Pre-2006 Recodification Citation: 21-2-1-1 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-7. Administrator

Sec. 7. The administrator of the fund is the trustee of the township in which the seminary lands are located.
[Pre-2006 Recodification Citation: 21-2-1-1 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-8. Deposit; Public Depository

Sec. 8. (a) The fund shall be deposited in a commercial bank or other institution authorized by law to receive public money.
(b) The account into which the fund is deposited must be an interest paying account. The trustee shall annually take the interest from the fund and deposit the interest into a separate bank account known as the seminary lands school account maintained by the trustee for purposes of this chapter.
(c) The trustee shall also deposit in the account:
(1) forty percent (40%); or
(2) two thousand five hundred dollars ($2,500);
whichever is greater, each year of the annual rental received from seminary lands.
[Pre-2006 Recodification Citation: 21-2-1-2 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-9. Distribution of Revenue; School Corporations

Sec. 9. (a) Both:
(1) sixty percent (60%) of the annual rental received from seminary lands; and
(2) the interest received from the fund created by the proceeds from the lease or sale of seminary lands;
shall be paid each year by the trustee to the school corporations in the county in which seminary lands are located.
(b) The amount paid each year under this section shall be credited on a pro rata basis to the school property tax obligations of the owners of land in the township containing the seminary land. The school property tax obligation of the owners of land shall be reduced each year on a pro rata basis by the amount of the payment.
[Pre-2006 Recodification Citation: 21-2-1-2 part.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-10. Uses; Educational Purposes

Sec. 10. The trustee, with the advice and consent of the township board, shall use the account for the following educational purposes:
(1) Each year the trustee shall pay, to the parent or legal guardian of any child or emancipated minor whose residence is within the township, the cost for the following:
(A) Any reasonable fees for lost or significantly damaged curricular materials used in any elementary or secondary school that has been accredited by the state. However, a reimbursement under this subdivision may only be made one (1) time to the parent or guardian of any particular child or any particular emancipated minor. Curricular materials subsequently lost or destroyed may not be paid for from this account.
(B) Any other required class fees, that are not curricular materials, used in any elementary or secondary school that has been accredited by the state.
(2) Students who are residents of the township for the last two (2) years of their secondary education and who still reside within the township are entitled to receive financial assistance in an amount not to exceed an amount determined by the trustee and the township board during an annual review of postsecondary education fees and tuition costs of education at any accredited postsecondary educational institution. Amounts to be paid to each eligible student shall be set annually after this review. The amount paid each year must be:
(A) equitable for every eligible student without regard to race, religion, creed, sex, disability, or national origin; and
(B) based on the number of students and the amount of funds available each year.
(3) A person who has been a permanent resident of the township continuously for at least two (2) years and who needs educational assistance for job training or retraining may apply to the trustee of the township for financial assistance. The trustee and the township board shall review each application and make assistance available according to the need of each applicant and the availability of funds.
(4) If all the available funds are not used in any one (1) year, the unused funds shall be retained in the account by the trustee for use in succeeding years.
[Pre-2006 Recodification Citation: 21-2-1-3(a).]
As added by P.L.2-2006, SEC.165. Amended by P.L.2-2007, SEC.239; P.L.234-2007, SEC.132; P.L.3-2008, SEC.121; P.L.286-2013, SEC.124; P.L.201-2023, SEC.196.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-11. Bond

Sec. 11. The bond required by law for the trustee shall be increased by an amount equal to the sum of the fund and the average annual rental income from the seminary lands.
[Pre-2006 Recodification Citation: 21-2-1-3(b).]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-12. Audit

Sec. 12. All funds and accounts provided in this chapter and the accumulation of the funds and accounts shall be periodically audited and examined in the same manner provided by law for public money.
[Pre-2006 Recodification Citation: 21-2-1-3(c).]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 3. Seminary Township School Fund › 20-42-3-13. Duty to Maintain Seminary Lands

Sec. 13. All expenditures and payments made under this chapter shall be made only after necessary expenditures to protect and maintain the seminary lands in a good and safe condition are first made from the annual rental income.
[Pre-2006 Recodification Citation: 21-2-1-3(d).]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 4. Funding of Retirement or Severance Plan › 20-42-4-1. Application

Sec. 1. This chapter applies to a school corporation that:
(1) after June 30, 2001, establishes a retirement or severance plan that will require the school corporation to pay postretirement or severance benefits to employees of the school corporation; or
(2) includes in a collective bargaining agreement or other contract entered into after June 30, 2001, a provision to increase:
(A) the benefit; or
(B) the unfunded liability;
under a retirement or severance provision that will require the school corporation to pay postretirement or severance benefits to employees of the school corporation.
[Pre-2006 Recodification Citation: 21-2-20-1.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42. Fiduciary Funds and Accounts › Chapter 4. Funding of Retirement or Severance Plan › 20-42-4-2. Actuarial Funding Requirement; Separate Accounting

Sec. 2. (a) A school corporation must fund on an actuarially sound basis the postretirement or severance benefits that will be paid to employees under a plan, an agreement, or a contract described in section 1(1) of this chapter or an increase described in section 1(2) of this chapter.
(b) A school corporation must place the assets used to fund on an actuarially sound basis the postretirement or severance benefits in a separate fund or account, and the school corporation may not commingle the assets in the separate fund or account with any other assets of the school corporation.
[Pre-2006 Recodification Citation: 21-2-20-2.]
As added by P.L.2-2006, SEC.165.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 1. Purposes and General Provisions › 20-42.5-1-1. Purposes of Article

Sec. 1. This article has the following purposes:
(1) To maximize the allocation and use of taxpayer provided resources by school corporations and schools for student instruction and learning.
(2) To confirm the authority of school corporations to use a variety of methods to reduce the costs of acquisition of products and services.
(3) To instruct the state board to oversee the consideration of statewide means to acquire products and services.
(4) To provide a means for school corporations to access technical assistance and other support in the consideration of means to increase the allocation of resources to student instruction and learning.
(5) To recognize school corporations that achieve effective allocation of resources to student instruction and learning.
[Pre-2007 Higher Education Recodification Citation: 21-10-1-1.]
As added by P.L.2-2007, SEC.240.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 1. Purposes and General Provisions › 20-42.5-1-2. Supplemental Nature of Article

Sec. 2. This article is supplemental to and does not abrogate the powers given to school corporations under the home rule provisions of IC 20-26-3, and those powers remain in full effect.
[Pre-2007 Higher Education Recodification Citation: 21-10-1-2.]
As added by P.L.2-2007, SEC.240.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 2. Authority to Allocate Expenditures to Student Instruction and Learning › 20-42.5-2-0.5. "Applicable Nonpublic School"

Sec. 0.5. As used in this chapter, "applicable nonpublic school" has the meaning set forth in IC 20-20-1-0.5.
As added by P.L.126-2017, SEC.6.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 2. Authority to Allocate Expenditures to Student Instruction and Learning › 20-42.5-2-2. Shared Services Arrangements

Sec. 2. A school corporation, charter school, or applicable nonpublic school may use shared services arrangements with other school corporations, charter schools, applicable nonpublic schools, and units of government, including:
(1) the use of shared administrative services overseeing transportation, food service, facilities, or other operations;
(2) the use of shared administrative services to manage finance, payroll, human resources, information technology, purchasing, or other administrative services; and
(3) the use of shared resources to provide instruction, supplemental services, extracurricular activities, or other student services.
School corporations, charter schools, and applicable nonpublic schools are not required to merge schools, consolidate, or otherwise relinquish control of curriculum, instruction, or student activities to use shared services arrangements.
[Pre-2007 Higher Education Recodification Citation: 21-10-2-2.]
As added by P.L.2-2007, SEC.240. Amended by P.L.126-2017, SEC.8.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 2. Authority to Allocate Expenditures to Student Instruction and Learning › 20-42.5-2-3. Collaboration With Contiguous School Corporations

Sec. 3. A school corporation may collaborate with contiguous school corporations to explore the use of cooperatives among school corporations, commonly managed school corporations, or the consolidation of school corporations to provide effective and efficient management of the school corporations or functions of the school corporations.
[Pre-2007 Higher Education Recodification Citation: 21-10-2-3.]
As added by P.L.2-2007, SEC.240.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 2. Authority to Allocate Expenditures to Student Instruction and Learning › 20-42.5-2-4. Support by Educational Service Centers; Reporting of Efforts to State Board

Sec. 4. (a) Educational service centers established under IC 20-20-1 shall support and facilitate actions by school corporations and charter schools under this article, including by the use of an educational service center's existing cooperative agreements.
(b) School corporations, charter schools, and educational service centers may use the division of finance of the department and the office of management and budget to provide technical assistance under this article.
(c) Not later than August 31 of each year, the educational service centers shall report to the state board the results of the efforts of the educational service centers under this article during the preceding school year.
[Pre-2007 Higher Education Recodification Citation: 21-10-2-4.]
As added by P.L.2-2007, SEC.240. Amended by P.L.126-2017, SEC.9.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 3. State Board Action › 20-42.5-3-1. Repealed

[Pre-2007 Higher Education Recodification Citation: 21-10-3-1.]
As added by P.L.2-2007, SEC.240. Amended by P.L.286-2013, SEC.126. Repealed by P.L.233-2015, SEC.297.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 3. State Board Action › 20-42.5-3-2. Repealed

[Pre-2007 Higher Education Recodification Citation: 21-10-3-2.]
As added by P.L.2-2007, SEC.240. Repealed by P.L.233-2015, SEC.298.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 3. State Board Action › 20-42.5-3-3. Repealed

[Pre-2007 Higher Education Recodification Citation: 21-10-3-3.]
As added by P.L.2-2007, SEC.240. Repealed by P.L.233-2015, SEC.299.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 3. State Board Action › 20-42.5-3-4. Repealed

[Pre-2007 Higher Education Recodification Citation: 21-10-3-4.]
As added by P.L.2-2007, SEC.240. Repealed by P.L.130-2018, SEC.89.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 3. State Board Action › 20-42.5-3-5. Progress Analysis; Recognition of Improvement; Consultation Assistance for School Corporations; School Corporation's Annual Performance Report; Contents; Format

Sec. 5. (a) For each school year using the 2005-2006 school year as a baseline:
(1) the office of management and budget shall analyze and report to the state board, the governor, and the general assembly concerning the progress or lack of progress of each school corporation, of all school corporations in each educational service center's area, and in Indiana as a whole in improving the ratio of student instructional expenditures to all other expenditures for the previous school year;
(2) the state board shall recognize publicly each school corporation and educational service center that has an improved ratio of student instructional expenditures to all other expenditures during the previous school year;
(3) the office of management and budget and the division of finance of the department shall be available to consult with and provide technical assistance to each school corporation that did not have an improved ratio of student instructional expenditures to all other expenditures during the previous school year; and
(4) each school corporation shall report the following information to the public in the school corporation's annual performance report and to the members of the general assembly whose districts include the school corporation:
(A) The percentage of resources spent by the school corporation during the previous school year on each of the following categories of expenditures:
(i) Student academic achievement expenditures.
(ii) Student instructional support expenditures.
(iii) Overhead and operational expenditures.
(iv) Nonoperational expenditures.
(B) The trend line for each category described in clause (A).
(C) Whether the school corporation did or did not make progress in improving the ratio of student instructional expenditures to all other expenditures during the previous school year.
(b) The reports to the general assembly under subsection (a)(1) and to individual members of the general assembly under subsection (a)(4) must be submitted to the executive director of the legislative services agency in an electronic format under IC 5-14-6.
[Pre-2007 Higher Education Recodification Citation: 21-10-3-5.]
As added by P.L.2-2007, SEC.240. Amended by P.L.233-2015, SEC.300; P.L.130-2018, SEC.90.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 3. State Board Action › 20-42.5-3-6. Repealed

[Pre-2007 Higher Education Recodification Citation: 21-10-3-6.]
As added by P.L.2-2007, SEC.240. Repealed by P.L.233-2015, SEC.301.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 3. State Board Action › 20-42.5-3-7. Chart of Accounts Requirements

Sec. 7. (a) The chart of accounts used by school corporations must:
(1) coincide with the categories of expenditures described in section 5(a)(4)(A) of this chapter; and
(2) provide the ability to determine expenditures made at and for each individual school building of a school corporation.
Each school corporation shall on January 1, 2019, begin using the chart of accounts developed under this section.
(b) The state board of accounts may, in consultation with the department and the office of management and budget, modify the chart of accounts as necessary to make the chart of accounts coincide with the categories of expenditures described in section 5(a)(4)(A) of this chapter.
As added by P.L.244-2017, SEC.91. Amended by P.L.130-2018, SEC.91.
2023 Indiana Code › Title 20. Education › Article 42.5. Allocation of Expenditures to Student Instruction › Chapter 4. Emergency Measures to Maintain Instruction and Learning Programs › 20-42.5-4-1. Duty to Preserve Instructional Programs

Sec. 1. A school corporation shall take the actions necessary and desirable to preserve and protect instructional programs, including class sizes, curriculum, or program offerings.
As added by P.L.109-2010, SEC.5.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-1. Expiration

Sec. 1. This article expires June 30, 2025.
[Pre-2006 Recodification Citations: 21-1-30-10; 21-3-1.7-10; 21-3-2.1-10; 21-3-12-12.]
As added by P.L.2-2006, SEC.166. Amended by P.L.234-2007, SEC.232; P.L.182-2009(ss), SEC.323; P.L.229-2011, SEC.199; P.L.144-2012, SEC.2; P.L.205-2013, SEC.259; P.L.213-2015, SEC.203; P.L.217-2017, SEC.107; P.L.108-2019, SEC.214; P.L.165-2021, SEC.158; P.L.201-2023, SEC.197.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-3. Repealed

[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166. Amended by P.L.229-2011, SEC.200; P.L.192-2018, SEC.46. Repealed by P.L.201-2023, SEC.198.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-4. "Adjusted Adm"

Sec. 4. "Adjusted ADM" refers to the amount determined under IC 20-43-4-7.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-6. "Adm"

Sec. 6. "ADM" refers to the average daily membership determined under IC 20-43-4.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166. Amended by P.L.205-2013, SEC.260; P.L.217-2017, SEC.108; P.L.108-2019, SEC.215.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-7. "Adm of the Previous Year"

Sec. 7. "ADM of the previous year" means:
(1) for previous state fiscal years ending before July 1, 2019, the fall count of ADM;
(2) for previous state fiscal years ending after June 30, 2019, the average of the previous year's fall and spring adjusted ADM counts.
[Pre-2006 Recodification Citation: 21-3-1.6-1.1(m).]
As added by P.L.2-2006, SEC.166. Amended by P.L.205-2013, SEC.261; P.L.217-2017, SEC.109; P.L.108-2019, SEC.216.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-7.5. "Attending"

Sec. 7.5. "Attending" means physical or virtual presence of a student with the expectation of continued services in the education programs for which the student is registered.
As added by P.L.205-2013, SEC.262.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-8. "Basic Tuition Support"

Sec. 8. "Basic tuition support" means the part of a school corporation's state tuition support for basic programs determined under IC 20-43-6-3.
[Pre-2006 Recodification Citation: 21-3-1.7-4.]
As added by P.L.2-2006, SEC.166. Amended by P.L.182-2009(ss), SEC.324.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-8.5. "Child Find"

Sec. 8.5. "Child find" means activities conducted by the school corporation to locate, identify, and evaluate all students at least three (3) years of age, but less than twenty-two (22) years of age, who are in need of special education and related services, regardless of the severity of their disabilities, including but not limited to students who attend a nonpublic school within the school corporation's boundaries.
As added by P.L.72-2011, SEC.1. Amended by P.L.229-2011, SEC.201; P.L.213-2015, SEC.204.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-9. "Complexity Index"

Sec. 9. "Complexity index" refers to the complexity index determined under IC 20-43-13-4.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166. Amended by P.L.213-2015, SEC.205.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-10. "Current Adm"

Sec. 10. "Current ADM" means the:
(1) spring count of ADM for distributions in the months of January through June of the calendar year in which the spring count is taken; and
(2) fall count of ADM for distributions in the months of July through December of the calendar year in which the fall count is taken.
[Pre-2006 Recodification Citation: 21-3-1.6-1.1(n).]
As added by P.L.2-2006, SEC.166. Amended by P.L.144-2012, SEC.3; P.L.205-2013, SEC.263; P.L.213-2015, SEC.206; P.L.217-2017, SEC.110; P.L.108-2019, SEC.217.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-11. "Eligible Pupil"

Sec. 11. "Eligible pupil" refers to an individual who qualifies as an eligible pupil under IC 20-43-4-1.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-11.5. "Enrolled"

Sec. 11.5. "Enrolled" means to be:
(1) registered with a school corporation to attend educational programs offered by or through the school corporation; and
(2) attending these educational programs or receiving educational services.
As added by P.L.205-2013, SEC.264.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-13. "Foundation Amount"

Sec. 13. "Foundation amount" refers to the amount determined under IC 20-43-3-8.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166. Amended by P.L.217-2017, SEC.112.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-14. "Full-Time Equivalency"

Sec. 14. "Full-time equivalency" refers to the amount determined under IC 20-43-4-6.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-14.5. "High Value Program"

Sec. 14.5. This section applies after June 30, 2018. "High value program" means a career and technical education program that the department of workforce development recognizes as:
(1) having a high employment demand and a high average wage level;
(2) having a moderate employment demand and a high average wage level; or
(3) having a high employment demand and a moderate average wage level.
As added by P.L.230-2017, SEC.10.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-15.5. "Less Than Moderate Value Program"

Sec. 15.5. This section applies after June 30, 2018. "Less than moderate value program" means a career and technical education program that the department of workforce development recognizes as:
(1) having a low employment demand and a low average wage level;
(2) having a moderate employment demand and a low average wage level; or
(3) having a low employment demand and a moderate average wage level.
As added by P.L.230-2017, SEC.11.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-16.5. "Moderate Value Program"

Sec. 16.5. This section applies after June 30, 2018. "Moderate value program" means a career and technical education program that the department of workforce development recognizes as:
(1) having a moderate employment demand and a moderate average wage level;
(2) having a high employment demand and a low average wage level; or
(3) having a low employment demand and a high average wage level.
As added by P.L.230-2017, SEC.12.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-17. Repealed

[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166. Amended by P.L.146-2008, SEC.480. Repealed by P.L.229-2011, SEC.276.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-18.5. "Parentally Placed Nonpublic School Students With Disabilities"

Sec. 18.5. "Parentally placed nonpublic school students with disabilities" means students with disabilities who are enrolled by their parents in nonpublic schools or facilities, including religious schools or facilities, that are day schools or residential schools providing elementary or secondary education as determined under Indiana law. For students at least three (3) years of age and less than six (6) years of age, nonpublic schools are schools that meet the definition of an elementary school in 511 IAC 7-32-33.
As added by P.L.72-2011, SEC.2. Amended by P.L.229-2011, SEC.202; P.L.213-2015, SEC.207.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-19. "Previous Year Revenue"

Sec. 19. "Previous year revenue" refers to the amount determined under IC 20-43-3-4.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-22. "Primetime Program"

Sec. 22. "Primetime program" refers to the program established under IC 20-43-9-1.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-23. "School Corporation"

Sec. 23. "School corporation" means the following:
(1) Any local public school corporation established under Indiana law.
(2) Except as otherwise indicated in this article, a charter school.
[Pre-2006 Recodification Citation: 21-3-1.6-1.1(a).]
As added by P.L.2-2006, SEC.166.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-24. "Special Education Grant"

Sec. 24. "Special education grant" refers to the amount determined under IC 20-43-7-6.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-25. "State Tuition Support"

Sec. 25. "State tuition support" means the amount of state funds to be distributed to:
(1) a school corporation other than a virtual charter school in any state fiscal year under this article for all grants, distributions, and awards described in IC 20-43-2-3; and
(2) a virtual charter school in any state fiscal year under IC 20-43-6-3.
[Pre-2006 Recodification Citation: 21-3-1.6-1.1(c).]
As added by P.L.2-2006, SEC.166. Amended by P.L.182-2009(ss), SEC.325; P.L.229-2011, SEC.203; P.L.205-2013, SEC.267.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-27. Repealed

[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166. Amended by P.L.234-2007, SEC.233. Repealed by P.L.182-2009(ss), SEC.466.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-30. "Career and Technical Education Grant"

Sec. 30. "Career and technical education grant" refers to the amount determined under IC 20-43-8-12 as adjusted under IC 20-43-8-10.
[2006 Recodification Citation: New.]
As added by P.L.2-2006, SEC.166. Amended by P.L.234-2007, SEC.133; P.L.85-2017, SEC.83.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-31. "Virtual Charter School"

Sec. 31. "Virtual charter school" has the meaning set forth in IC 20-24-1-10.
As added by P.L.182-2009(ss), SEC.327. Amended by P.L.211-2019, SEC.27.
2023 Indiana Code › Title 20. Education › Article 43. State Tuition Support › Chapter 1. General Provisions › 20-43-1-34. "Virtual Instruction"

Sec. 34. Beginning with the 2021-2022 school year, "virtual instruction" means instruction that is provided in an interactive learning environment created through technology in which the student is separated from a teacher by time or space, or both.
As added by P.L.165-2021, SEC.159.