Ind. Code § 20-40-8-1

"Calendar year distribution"

As added by P.L.2-2006, SEC.163. Amended by P.L.146-2008, SEC.477; P.L.229-2011, SEC.196; P.L.256-2017, SEC.186.

Note: This version of section effective until 1-1-2019. See also following repeal of this chapter, effective 1-1-2019.

Revisor's Note: This section also repealed by P.L.140-2018, SEC.13, effective 1-1-2019.

Sec. 1. As used in this chapter, "calendar year distribution" means the sum of the following:

  1. (1) A school corporation's:

    1. (A) state tuition support; and
    2. (B) maximum permissible tuition support levy (as defined in IC 20-45-1-15 before its repeal);

      for the calendar year.

  2. (2) The sum of the following excise tax revenue of the school corporation for the immediately preceding calendar year:

    1. (A) Financial institution excise tax revenue ( IC 6-5.5 ).
    2. (B) Vehicle excise taxes ( IC 6-6-5 ).
    3. (C) Commercial vehicle excise taxes ( IC 6-6-5.5 ).
    4. (D) Boat excise tax ( IC 6-6-11 ).
    5. (E) Aircraft license excise tax ( IC 6-6-6.5 ).

      [Pre-2006 Recodification Citation: 21-2-15-4(a).]

As added by P.L.2-2006, SEC.163. Amended by P.L.146-2008, SEC.477; P.L.229-2011, SEC.196; P.L.256-2017, SEC.186.

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