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IN HB1628
Bill
Status
1/24/2017
Primary Sponsor
Vernon Smith
Click for details
AI Summary
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State shall pay all advances made from the common school fund to Gary Community School Corporation before July 1, 2017, including all accrued interest, that remain outstanding as of June 30, 2017, regardless of original due dates.
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Appropriates necessary funds from the state general fund to the state treasurer for the fiscal year beginning July 1, 2017.
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Payment must be made before July 31, 2017, regardless of the original due dates for the outstanding payments as of June 30, 2017.
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Section expires June 30, 2019.
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Effective July 1, 2017.
Legislative Description
Gary Community School Corporation debt. Appropriates from the state general fund the amount needed for the Gary Community School Corporation to pay advances made from the common school fund that are outstanding as of June 30, 2017, regardless of the due dates for the payments.
Last Action
First reading: referred to Committee on Ways and Means
1/24/2017