1. (a) Before a school may receive a monetary award under this chapter, the department shall:

   1. (1) prepare a written report:

      1. (A) identifying the benchmarks and indicators considered appropriate for the school under section 1 of this chapter in which the school demonstrated relative improvement;
      2. (B) describing the extent to which the school demonstrated relative improvement; and
      3. (C) specifying the amount of the award sought for the school; and
   2. (2) submit the written report to the budget committee for its review.

2. (b) Before the department distributes a monetary award under this chapter, the governor must approve the specific award.

   [Pre-2005 Elementary and Secondary Education Recodification Citation: 20-1-1.3-6.]

As added by P.L.1-2005, SEC.15.