Sec. 9. (a) If an
eligible entity meets the requirements under this chapter, the department may award a grant under this chapter to the eligible entity in an amount determined by the department.
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Terms Used In Indiana Code 20-32-8.7-9
- 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.
- eligible entity: refers to an entity that meets criteria established by the department under section 6 of this chapter. See Indiana Code 20-32-8.7-1
- fund: refers to the student learning recovery grant program fund established by section 12 of this chapter. See Indiana Code 20-32-8.7-2
(c) If an eligible entity that receives a grant under this chapter is a school corporation, the grant amount is not subject to collective bargaining under IC 20-29. Notwithstanding IC 20-29-6-3, grant money received under this chapter is not considered revenue in the school corporation’s education fund for purposes of determining whether the school corporation is in a position of deficit financing under IC 20-29-6-3.
As added by P.L.167-2021, SEC.1.
