IN HB1299 | 2020 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 7 2020 - 25% progression, died in committee
Action: 2020-01-07 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 7 2020 - 25% progression, died in committee
Action: 2020-01-07 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Loan forgiveness for distressed schools. 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.
Title
Loan forgiveness for distressed schools.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-01-07 | House | First reading: referred to Committee on Ways and Means |
| 2020-01-07 | House | Authored by Representative Smith V |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2020/bills/house/1299/details |
| Text | http://iga.in.gov/static-documents/2/1/a/6/21a6ea52/HB1299.01.INTR.pdf |
