Skip to main content
House Bill 1162


House Bill 1162

ARCHIVE (2005)

Latest Information

 

DIGEST OF INTRODUCED BILL


Limitation on school capital leases. Prohibits a school corporation from entering into debt and lease obligations that in the aggregate exceed 10% of the latest adjusted value of taxable property determined for the school corporation immediately preceding the incurring of the obligations.
Current Status:
 In Committee - first House
>Latest Printing > (PDF)