Sec. 6.2. (a) This section applies to a levy resulting from a resolution to place a referendum on the ballot adopted by the governing body under IC 20-46-1-8, IC 20-46-1-8.5, IC 20-46-9-6, or IC 20-46-9-7 after May 10, 2023, for counties described in IC 20-46-1-21(a) and IC 20-46-9-22(a).

     (b) The county auditor in the county in which the applicable school corporation is located shall distribute money that is received as part of a tax levy collected under IC 20-46-1 to an applicable charter school, excluding a virtual charter school, in the manner provided by IC 20-46-1-21.

Terms Used In Indiana Code 20-24-7-6.2

  • 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.
     (c) The county auditor in the county in which the applicable school corporation is located shall distribute money that is received as part of a tax levy collected under IC 20-46-9 to an applicable charter school, excluding a virtual charter school, in the manner prescribed by IC 20-46-9-22.

     (d) A charter school that may receive money from a school corporation’s tax levy collected under IC 20-46-1 or a school safety referendum tax levy under IC 20-46-9 may not promote a position on a referendum in the same manner as a school corporation is prohibited from promoting a position on a referendum under IC 20-46-1-20.

     (e) If a charter school receives a distribution from a school corporation from the school corporation’s tax levy collected under IC 20-46-1 or a school safety referendum tax levy under IC 20-46-9, the charter school must post the following on the charter school’s website:

(1) The specific purposes for which the revenue received from the tax levy will be used.

(2) An estimate of the annual dollar amounts that will be expended for each purpose described in subdivision (1).

As added by P.L.189-2023, SEC.5.

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