- (a) This section applies to revenue collected after June 30, 2024, from a tax levy imposed under IC 20-46-8 by the governing body of a school corporation described in IC 20-46-8-11.2 (a).
- (b) Beginning in calendar year 2025, and each year thereafter, the county auditor shall distribute money that is received as part of a tax levy collected under IC 20-46-8 to an eligible charter school, excluding a virtual charter school and adult high school, for deposit in the charter school's operations fund created under IC 20-40-18-1 . The distributions shall be made at the same time that tax levy revenue is required to be distributed to school corporations.
As added by P.L.201-2023, SEC.153.