Indiana § 20-49-4-21 Power; levy; school building construction program; replacement of
amount deducted from state tuition support

Indiana Statutes

§ 20-49-4-21 — Power; levy; school building construction program; replacement of amount deducted from state tuition support

Indiana·Title 20 EDUCATION·Art. 49 STATE MANAGEMENT OF COMMON SCHOOL·Ch. 4 Advancement From Common School Fund; Buildings;

A school corporation to which an advance
is made for a school building construction program may annually levy
a property tax in the debt service fund to replace the amount deducted
under this chapter in the current year from the distribution of state
tuition support. The amount received from the tax must be transferred
from the debt service fund to the education fund.
[Pre-2006 Recodification Citation: 21-1-5-8.]

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A school corporation to which an advance
is made for a school building construction program may annually levy
a property tax in the debt service fund to replace the amount deducted
under this chapter in the current year from the distribution of state
tuition support. The amount received from the tax must be transferred
from the debt service fund to the education fund.
[Pre-2006 Recodification Citation: 21-1-5-8.]

Indiana § 20-49-4-21 (Power; levy; school building construction program; replacement of amount deducted from state tuition support) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.