Ind. Code § 20-24-7-6.1

Current through P.L. 171-2024
Section 20-24-7-6.1 - [Effective 7/1/2024] Distribution of property tax levy revenue
(a) This section applies to revenue collected after June 30, 2024, from a tax levy imposed under IC 20-46-8 by the governing body of a school corporation described in IC 20-46-8-11.2(a).
(b) Beginning in calendar year 2025, and each year thereafter, the county auditor shall distribute money that is received as part of a tax levy collected under IC 20-46-8 to an eligible charter school, excluding a virtual charter school and adult high school, for deposit in the charter school's operations fund created under IC 20-40-18-1. The distributions shall be made at the same time that tax levy revenue is required to be distributed to school corporations.

IC 20-24-7-6.1

Added by P.L. 201-2023,SEC. 153, eff. 7/1/2024.