Skip to main content
House Bill 1417

House Bill 1417

ARCHIVE (2011)

Latest Information

DIGEST OF HB1417 (Updated February 21, 2011 3:25 pm - DI 84)

School funds. Provides that the school capital projects fund may be used for utilities and insurance in calendar year 2011, 2012, and 2013. Specifies that 3.5% of the school corporation's 2005 distribution is the maximum amount that may be paid from the capital project fund in a calendar year for utilities and insurance expenditures. Allows the governing body of a school corporation to adopt a resolution to transfer money among the funds held by the school corporation in the 2011-2012 school year.
Current Status:
In Committee - 2nd House
Latest Printing (PDF)