Indiana 2025 2025 Regular Session

Indiana Senate Bill SB0336 Introduced / Fiscal Note

Filed 01/10/2025

                    LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
FISCAL IMPACT STATEMENT
LS 6781	NOTE PREPARED: Jan 3, 2025
BILL NUMBER: SB 336	BILL AMENDED: 
SUBJECT: Property tax revenue shared with charter schools.
FIRST AUTHOR: Sen. Spencer	BILL STATUS: As Introduced
FIRST SPONSOR: 
FUNDS AFFECTED: GENERAL	IMPACT: Pending
DEDICATED
FEDERAL
Summary of Legislation:  Removes and repeals provisions that require school corporations located in
certain counties to share operations fund property tax levy, operating referendum tax levy, and school safety
referendum tax levy funds with charter schools. Makes conforming changes.
Effective Date:  January 1, 2026.
Explanation of State Expenditures:  As of the above date, the fiscal analysis of this bill has not been
completed. Please contact the Office of Fiscal and Management Analysis for an update of this fiscal impact
statement.
Explanation of State Revenues: 
Explanation of Local Expenditures: 
Explanation of Local Revenues: 
State Agencies Affected: 
Local Agencies Affected: 
Information Sources: 
Fiscal Analyst: Austin Spears,  317-234-9454. 
SB 336	1