1. (a) The school city and all participating schools:

   1. (1) are required to participate in the unified transportation plan implemented by the corporation board;
   2. (2) shall enter into contracts with the corporation board; and
   3. (3) shall comply with any applicable regulations, orders, rules, and resolutions adopted by the corporation board.

2. (b) A participating school that is a charter school, including a participating innovation network charter school, or the school city, may elect to opt out of participation in the management and control of school property by the corporation board. If a participating school or school city elects to opt out under this subsection, the:

   1. (1) corporation board may not manage or control school property owned or leased by the participating school or school city; and

   2. (2) participating school or school city may not receive any money that is attributable to the following:

      1. (A) A debt service levy under IC 20-46-7 .
      2. (B) A levy imposed under IC 6-1.1-20 for controlled projects.

As added by P.L.101-2026, SEC.12.