Loading chat...
IN SB0103
Bill
Status
1/3/2019
Primary Sponsor
Lonnie Randolph
Click for details
AI Summary
-
Transfers funds from the state general fund to the school disaster loan fund by July 1, 2019 to pay off a loan made to the School City of East Chicago school corporation
-
Original loan was used for construction, remodel, and repair of a former middle school
-
Fulfills and terminates the advance agreement between the state board of education and the School City of East Chicago school corporation upon transfer
-
Declared an emergency measure, taking effect immediately upon passage
-
Provisions expire July 1, 2020
Legislative Description
School City of East Chicago loan. Transfers, not later than July 1, 2019, to the school disaster loan fund from the state general fund an amount sufficient to pay off the loan that was made to the School City of East Chicago school corporation from the school disaster loan fund.
Last Action
Senator Bohacek added as coauthor
2/4/2019