IN SB0207

Allows school corporation governing bodies to adopt resolutions placing referendums on ballots to impose property tax levies for operating expenses or to replace lost property tax revenue from tax credits.

Requires the Department of Local Government Finance to review and approve or reject proposed referendum question language within 10 days of submission.

Establishes a review process allowing county election boards to assess whether proposed question language fairly describes the referendum tax levy, with appeal rights to the Indiana Election Commission.

Specifies that referendum questions must clearly identify the tax rate (in cents per $100 of assessed valuation), number of years, and short description of funding purposes.

Requires certification of referendum questions to occur at least 60 days before primary elections or by August 1 for general/municipal elections, or allows special elections on the first Tuesday after the first Monday in May or November if no regular election is scheduled.