Loan forgiveness for distressed schools.
Summary
Provides that a school corporation that meets certain conditions is not required to repay loans or advances made from the common school fund to the school corporation. Provides that the budget agency may approve deposit of funds reverted to the state general fund into the common school fund to offset loans or advances forgiven.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2020
Committee Review
Floor Vote
Governor
Introduced Jan 7, 2020
Last action Jan 7, 2020
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Vernon Smith
DDemocratic
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