§ 20-49-3-17 — Report concerning charter schools

(a) Before July 1 of each year, the state
board, in cooperation with the department, shall:
(1) prepare a report of the information described in subsection
(b); and
(2) present the report to the budget committee.
(b) The report referred to in subsection (a) must describe the
following information for the immediately preceding calendar year:
(1) Any charter schools that closed or otherwise ceased operations
during the immediately preceding calendar year.
(2) For each charter school specified in subdivision (1), and for
each advance from the fund that was not repaid in full before the
date on which the charter school closed or otherwise ceased
operations, the outstanding amounts of principal and interest that
the charter school owes to the fund.
(3) The efforts being made by the state board and the department
to collect the unpaid advances and interest described in
subdivision (2).

Legislative History

As added by P.L.259-2019, SEC.13.