Section 20-20-13-20 - Distribution of grant(a) Except as provided in subsection (b), in a state fiscal year, the department shall distribute grants to only two (2) groups of school corporations with each of the two (2) groups receiving fifty percent (50%) of the group's total grant amount.(b) In state fiscal year 1996-1997:(1) the department shall begin grant distribution under sections 13 through 24 of this chapter; and(2) the school corporations in group one shall receive one hundred percent (100%) of the group's total grant.(c) Beginning in state fiscal year 1997-1998, the department shall:(1) distribute grants so that school corporations in group two receive: (A) fifty percent (50%) of group two's total grant in the first year of distribution; and(B) fifty percent (50%) of group two's total grant in the second year of distribution; and(2) continue in group number sequence so that school corporations in each group receive:(A) fifty percent (50%) of the group's total grant in the first year of distribution to the group; and(B) fifty percent (50%) of the group's total grant in the second year of distribution to the group.Pre-2005 Elementary and Secondary Education Recodification Citation: 20-10.1-25.3-12.
As added by P.L. 1-2005, SEC.4.