20-49-2-2. Establishment of Fund
Sec. 2. The veterans memorial school construction fund is established. The state board shall administer the fund. [Pre-2006 Recodification Citation: 21-1-11-1 part.] As added by P.L.2-2006, SEC.172.
20-49-2-2. Establishment of Fund
Sec. 2. The veterans memorial school construction fund is established. The state board shall administer the fund. [Pre-2006 Recodification Citation: 21-1-11-1 part.] As added by P.L.2-2006, SEC.172.
20-49-2-3. Duties; State Board
Sec. 3. (a) The state board shall carry out this chapter. (b) The secretary of education shall, from funds appropriated for administering this chapter, provide office space and employees to enable the state board to perform the duties required under this chapter. (c) The state board may adopt rules under IC 4-22-2 necessary for the […]
20-49-2-3. Duties; State Board
Sec. 3. (a) The state board shall carry out this chapter. (b) The secretary of education shall, from funds appropriated for administering this chapter, provide office space and employees to enable the state board to perform the duties required under this chapter. (c) The state board may adopt rules under IC 4-22-2 necessary for the […]
20-49-2-4. Powers; Advancements to School Corporations; Purposes
Sec. 4. Subject to this chapter, the state board may order the auditor of state to periodically make an advancement from the state general fund for the construction, remodeling, or repair of school buildings to any school corporation. [Pre-2006 Recodification Citation: 21-1-11-2(a) part.] As added by P.L.2-2006, SEC.172.
20-49-2-4. Powers; Advancements to School Corporations; Purposes
Sec. 4. Subject to this chapter, the state board may order the auditor of state to periodically make an advancement from the state general fund for the construction, remodeling, or repair of school buildings to any school corporation. [Pre-2006 Recodification Citation: 21-1-11-2(a) part.] As added by P.L.2-2006, SEC.172.
20-49-2-5. Limitation; Total Loans From Fund
Sec. 5. The state board may not order advancements under this chapter during any fiscal year that in total exceed the sum of: (1) the balance remaining in the veterans memorial school construction fund at the end of the preceding fiscal year; and (2) all accruals and transfers to the veterans memorial school construction fund. […]
20-49-2-5. Limitation; Total Loans From Fund
Sec. 5. The state board may not order advancements under this chapter during any fiscal year that in total exceed the sum of: (1) the balance remaining in the veterans memorial school construction fund at the end of the preceding fiscal year; and (2) all accruals and transfers to the veterans memorial school construction fund. […]
20-49-2-6. Limitations on Eligibility for Advancement
Sec. 6. A school corporation is not entitled to an advancement under this chapter under the following circumstances: (1) An advancement may not be made to any organized joint school district or to any school corporation within any organized joint school district when the advancement is to be used in connection with the enlargement or […]
20-49-2-6. Limitations on Eligibility for Advancement
Sec. 6. A school corporation is not entitled to an advancement under this chapter under the following circumstances: (1) An advancement may not be made to any organized joint school district or to any school corporation within any organized joint school district when the advancement is to be used in connection with the enlargement or […]
20-49-2-7. Required Compliance With Chapter
Sec. 7. All advancements made by the state board must comply with this chapter. [Pre-2006 Recodification Citation: 21-1-11-2(b) part.] As added by P.L.2-2006, SEC.172.
20-49-2-7. Required Compliance With Chapter
Sec. 7. All advancements made by the state board must comply with this chapter. [Pre-2006 Recodification Citation: 21-1-11-2(b) part.] As added by P.L.2-2006, SEC.172.
20-49-2-8. Limitations on Purposes of Advancements
Sec. 8. An advancement may not be made for: (1) any purpose other than the construction, remodeling, or repairing of school buildings and classrooms; or (2) gymnasiums, auditoriums, or any athletic facilities. [Pre-2006 Recodification Citation: 21-1-11-2(b) part.] As added by P.L.2-2006, SEC.172.
20-49-2-8. Limitations on Purposes of Advancements
Sec. 8. An advancement may not be made for: (1) any purpose other than the construction, remodeling, or repairing of school buildings and classrooms; or (2) gymnasiums, auditoriums, or any athletic facilities. [Pre-2006 Recodification Citation: 21-1-11-2(b) part.] As added by P.L.2-2006, SEC.172.
20-49-2-9. Maximum Advancement; Nonemergency
Sec. 9. A nondisaster advancement to any school corporation under section 10 of this chapter may not exceed two hundred fifty thousand dollars ($250,000). However, this dollar limitation is waived if: (1) the school corporation has an assessed valuation per ADA of less than eight thousand four hundred dollars ($8,400); and (2) the school corporation’s […]
20-49-2-9. Maximum Advancement; Nonemergency
Sec. 9. A nondisaster advancement to any school corporation under section 10 of this chapter may not exceed two hundred fifty thousand dollars ($250,000). However, this dollar limitation is waived if: (1) the school corporation has an assessed valuation per ADA of less than eight thousand four hundred dollars ($8,400); and (2) the school corporation’s […]