If the total amount to be distributed:

1. (1) as basic tuition support;
2. (2) for honors diploma awards;
3. (3) for complexity grants;
4. (4) for special education grants;
5. (5) for career and technical education grants;
6. (6) for choice scholarships; and

7. (7) for Mitch Daniels early graduation scholarships;

   for a particular state fiscal year exceeds the amounts appropriated by the general assembly for those purposes for the state fiscal year, the total amount to be distributed for those purposes to each recipient during the remaining months of the state fiscal year shall be proportionately reduced so that the total reductions equal the amount of the excess.

   [Pre-2006 Recodification Citation: 21-3-1.7-9(b) part.]

As added by P.L.2-2006, SEC.166. Amended by P.L.162-2006, SEC.43; P.L.234-2007, SEC.134; P.L.234-2007, SEC.236; P.L.3-2008, SEC.122; P.L.182-2009(ss), SEC.330; P.L.229-2011, SEC.205; P.L.205-2013, SEC.270; P.L.213-2015, SEC.208.