Signed by Governor Eric Holcomb

Vote Smart's Synopsis:

Vote to adopt a conference report that authorizes school districts to use tax dollars for charter school funding.

Highlights:

• Authorizes a governing body to distribute money that is received as part of a tax levy from the school corporation’s education fund to a charter school, excluding a virtual charter school, with the approval of a majority of the governing body (Sec. 39).

• Authorizes a school corporation to distribute proceeds of a tax levy to a charter school, excluding a virtual charter school, that is located within the attendance area of the school corporation. (Sec. 40).

• Authorizes a commission to establish a residential housing development program for the construction of new residential housing, or the renovation of existing residential housing in an area within the jurisdiction of the commission if (Sec. 48):

• For a county commission, the average of new, single-family residential houses constructed within the township in which the area is located during the preceding 3 calendar years is less than one percent of the total number of single-family residential houses within that township on January 1 of the year which the resolution is adopted; or 

• For a municipality commission, the average of new, single-family residential houses constructed within the municipal boundaries during the preceding 3 calendar years is less than 1 percent of the total number of single-family residential houses within the boundaries of the municipality on January 1 of the year in which the resolution is adopted. 

• Specifies that the calculations in the preceding highlight do not apply for the purposes of establishing a residential housing development program within an economic development target area (Sec. 48).

• Defines “residential housing” as housing or workforce housing that consists of single-family dwelling units sufficient to secure quality housing in reasonable proximity to employment, including condominiums and townhouses located within an economic development target area (Sec. 47).

Full Bill Text

Vote Smart's Synopsis:

Vote to adopt a conference report that authorizes school districts to use tax dollars for charter school funding.

Highlights:

• Authorizes a governing body to distribute money that is received as part of a tax levy from the school corporation’s education fund to a charter school, excluding a virtual charter school, with the approval of a majority of the governing body (Sec. 39).

• Authorizes a school corporation to distribute proceeds of a tax levy to a charter school, excluding a virtual charter school, that is located within the attendance area of the school corporation. (Sec. 40).

• Authorizes a commission to establish a residential housing development program for the construction of new residential housing, or the renovation of existing residential housing in an area within the jurisdiction of the commission if (Sec. 48):

• For a county commission, the average of new, single-family residential houses constructed within the township in which the area is located during the preceding 3 calendar years is less than one percent of the total number of single-family residential houses within that township on January 1 of the year which the resolution is adopted; or 

• For a municipality commission, the average of new, single-family residential houses constructed within the municipal boundaries during the preceding 3 calendar years is less than 1 percent of the total number of single-family residential houses within the boundaries of the municipality on January 1 of the year in which the resolution is adopted. 

• Specifies that the calculations in the preceding highlight do not apply for the purposes of establishing a residential housing development program within an economic development target area (Sec. 48).

• Defines “residential housing” as housing or workforce housing that consists of single-family dwelling units sufficient to secure quality housing in reasonable proximity to employment, including condominiums and townhouses located within an economic development target area (Sec. 47).

Full Bill Text