Sec. 5. In computing the annual salary of a teacher or when distributing state funds, an amount of less than fifty cents ($0.50) is dropped while an amount of fifty cents ($0.50) or more is rounded up to the next whole dollar.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-6.1-5-2(c).]

As added by P.L.1-2005, SEC.12.