Sec. 22. (a) This section applies in a
year when a school
corporation receives a grant under sections 13 through 24 of this chapter. The school corporation’s operations
fund budget must include an expenditure for technology that is not less than the school corporation’s average annual expenditure for technology from the capital projects fund (before January 1, 2019) and from the education fund (after December 31, 2018) in the six (6) budget years preceding the year of the grant. If the Indiana School for the Blind and Visually Impaired established by
IC 20-21-2-1 or the Indiana School for the Deaf established by
IC 20-22-2-1 receives a grant under sections 13 through 24 of this chapter, the school’s expenditures for technology in the year of the grant must exceed the school’s average annual expenditure for technology in the six (6) budget years preceding the year of the grant.
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Terms Used In Indiana Code 20-20-13-22
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- fund: refers to the Senator David C. See Indiana Code 20-20-13-0.5
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(b) For each year that a school corporation fails to observe subsection (a), the school corporation forfeits a grant under sections 13 through 24 of this chapter. The forfeit of the grant must occur in the first grant year after the school corporation fails to observe subsection (a).
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-10.1-25.3-14.]
As added by P.L.1-2005, SEC.4. Amended by P.L.218-2005, SEC.47; P.L.244-2017, SEC.19.