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IN SB0409
Bill
Status
1/11/2011
Primary Sponsor
Earline Rogers
Click for details
AI Summary
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Redirects revenue from one cent of the state gasoline tax from the state highway fund to the supplemental school distribution fund for distribution to school corporations
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Allocates $10 million of the first $25 million in special fuel tax revenue to the supplemental school distribution fund instead of the Indiana Department of Transportation (40% of that $25 million threshold)
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Creates a new supplemental school distribution fund administered by the Department of Education, with money continuously appropriated and not reverting to the general fund at year end
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Distributes fund money quarterly to public school corporations based on each corporation's proportional share of state tuition support received in the previous calendar year
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Specifies that supplemental distributions do not affect state tuition support calculations and may be used for any lawful expenses payable from a school corporation's general fund
Legislative Description
Gasoline tax and special fuel tax distributions.
Last Action
First reading: referred to Committee on Appropriations
1/11/2011