LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
200 W. Washington St., Suite 301
Indianapolis, IN 46204
(317) 233-0696
iga.in.gov
FISCAL IMPACT STATEMENT
LS 6336 NOTE PREPARED: Dec 7, 2023
BILL NUMBER: HB 1037 BILL AMENDED:
SUBJECT: Minimum Teacher Salaries.
FIRST AUTHOR: Rep. Klinker BILL STATUS: As Introduced
FIRST SPONSOR:
FUNDS AFFECTED: GENERAL IMPACT: Local
DEDICATED
FEDERAL
Summary of Legislation: This bill provides that, for each school year beginning after June 30, 2025, a
school corporation shall, if the school corporation determines that the school corporation cannot establish
a minimum salary of $60,000 for each full-time teacher, submit a report to the Department of Education
explaining the school corporation's inability to meet the minimum threshold requirement. (Current law
establishes this requirement if a school corporation determines that the school corporation cannot establish
a minimum salary of $40,000 for each full-time teacher.)
Effective Date: July 1, 2024.
Explanation of State Expenditures:
Explanation of State Revenues:
Explanation of Local Expenditures: The bill will require more school corporations to submit a report to
the DOE explaining the school corporation’s inability to meet the minimum threshold requirement. Using
data school corporations submitted to DOE with salary and position information, LSA estimates that in FY
2023, of the 290 school corporations that reported salary data, 180 had minimum salaries at or above
$40,000, but no school corporations had a minimum salary at or above $60,000.
Explanation of Local Revenues:
State Agencies Affected:
HB 1037 1 Local Agencies Affected: School corporations.
Information Sources: Department of Education, LSA education database.
Fiscal Analyst: Kelan Fong, 317-232-9592; Austin Spears, 317-232-9454.
HB 1037 2