Indiana Statutes
§ 20-43-2-4 — Calculation of reduction amount
The amount of the reduction for a particular
school corporation under section 2 of this chapter is equal to the total
amount of the excess determined under section 2 of this chapter
multiplied by a fraction. The numerator of the fraction is the amount of
the distribution for state tuition support that the school corporation
would have received if a reduction were not made under this section.
The denominator of the fraction is the total amount that would be
distributed for state tuition support to all school corporations if a
reduction were not made under this section.
[Pre-2006 Recodification Citation: 21-3-1.7-9(b)
part.]
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Legislative History
As added by P.L.2-2006, SEC.166. Amended by P.L.135-2018,
SEC.4.
Nearby Sections
15
§ 20-17-1-1
"Prior law"§ 20-17-1-2
Purpose of recodification§ 20-17-1-3
Statutory construction of recodification§ 20-17-1-4
Effect of recodification§ 20-17-1-5
Recodification of prior law§ 20-17-1-6
References to repealed statutes§ 20-17-1-7
References to citations§ 20-17-1-8
References to prior rules§ 20-17-1-9
References to prior law§ 20-17-2-1
"Prior law"§ 20-17-2-2
Purpose of recodification§ 20-17-2-3
Statutory construction of recodification§ 20-17-2-4
Effect of recodification§ 20-17-2-5
Recodification of prior law§ 20-17-2-6
References to repealed statutes