DIGEST OF INTRODUCED BILL
Tax anticipation warrants. Eliminates a cross reference to a repealed provision. Allows a school corporation to issue tax anticipation warrants that exceed 80% of the anticipated tax and tuition support distributions receivable from the June settlement from the county auditor if the amount of the warrants does not exceed the total receivable for the entire year. Repeals a provision that grants substantially similar anticipation loan authority specifically to school towns and school cities.