Education fund transfers.
Summary
Provides that each school corporation shall make every reasonable effort to transfer not more than 20% (instead of 15%) of the total revenue deposited in the school corporation's education fund from the school corporation's education fund to the school corporation's operations fund during calendar year 2023 and calendar year 2024. Makes conforming changes regarding the excessive education fund transfer list.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2023
Last action Jan 17, 2023
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
Martin Carbaugh
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 1405
Scope: IN
Hi! I can help you understand HB 1405. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline