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2021 Indiana Code
Title 20. Education
Article 49. State Management of Common School Funds; State Advances and Loans
Chapter 2. Administration of Veterans Memorial School Construction Fund; School Disaster Loan Fund
20-49-2-16. Power; Levy to Replace Amount Deducted From State Tuition Support
Universal Citation: IN Code § 20-49-2-16 (2021)
Sec. 16. A school corporation receiving an advancement under this chapter may annually levy a tax in the debt service fund to replace the amount deducted in the current year from the distribution of state tuition support under this chapter. The amount received from the tax shall be transferred from the debt service fund to the education fund.
[Pre-2006 Recodification Citation: 21-1-11-8.]
As added by P.L.2-2006, SEC.172. Amended by P.L.244-2017, SEC.119.
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