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 6523 NOTE PREPARED: Jan 22, 2024 BILL NUMBER: SB 154 BILL AMENDED: SUBJECT: Transportation Funding. FIRST AUTHOR: Sen. Alexander BILL STATUS: 2 nd Reading - 1 st House FIRST SPONSOR: FUNDS AFFECTED: GENERAL IMPACT: No Fiscal Impact DEDICATED FEDERAL Summary of Legislation: This bill provides that a school corporation may use the school corporation's operations fund for transportation of school children to certain: (1) Apprenticeship programs; (2) Career and technical education programs; (3) Modern youth apprenticeships; and (4) Work based learning courses. Effective Date: July 1, 2024. Explanation of State Expenditures: Explanation of State Revenues: Explanation of Local Expenditures: Explanation of Local Revenues: State Agencies Affected: Local Agencies Affected: Information Sources: SB 154 1 Fiscal Analyst: Kelan Fong, 317-232-9592. SB 154 2