SB 518

  • Indiana Senate Bill
  • 2025 Regular Session
  • Introduced in Senate
  • Passed Senate Feb 20, 2025
  • House
  • Governor

School property taxes.

Abstract

Provides that all school corporations that adopt a resolution for a property tax levy for a controlled project or a school safety referendum tax levy after May 10, 2025, must share revenue received from the levy with certain charter schools. Specifies, for purposes of making distributions to charter schools from a property tax levy for a controlled project, that only charter schools located within the attendance area of the school corporation shall receive a distribution of revenue from that levy and requires such a charter school to establish a separate account to deposit the revenue. Requires all school corporations to share revenue received from a debt service levy with certain charter schools. Requires all school corporations that adopt a resolution for an operating referendum tax levy after May 10, 2025, to share revenue received from the levy with certain charter schools. Requires, beginning with distributions in 2028, that all school corporations begin sharing revenue from the school corporation's operations fund levy with certain charter schools. Provides for the phasing in of the sharing of revenue with certain charter schools from the school corporation's operations fund levy. Excludes school corporations meeting specified criteria from the sharing of property tax revenue received under the bill's provisions. Provides a calculation for determining the amount of an annual grant from the charter and innovation network school grant program based on the amount of property tax revenue received by a charter school from school corporations. Provides for the appointment of additional board members to the governing board of a charter school that receives property tax revenue. Sets forth additional procedures related to the closure of a charter school. Makes conforming changes.

Bill Sponsors (7)

Votes


Actions


Mar 03, 2025

House

First reading: referred to Committee on Ways and Means

  • Reading-1
  • Referral-Committee
Ways and Means

Feb 21, 2025

Senate

Referred to the House

Feb 20, 2025

Senate

Cosponsors: Representatives Behning, Teshka, Ireland

Senate

Third reading: passed; Roll Call 210: yeas 28, nays 21

Senate

House sponsor: Representative Thompson

Feb 19, 2025

Senate

Amendment #8 (Hunley) failed; Roll Call 160: yeas 10, nays 39

Senate

Amendment #11 (Hunley) failed; voice vote

Senate

Amendment #12 (Hunley) failed; Roll Call 161: yeas 9, nays 40

Senate

Amendment #17 (Hunley) failed; Roll Call 162: yeas 10, nays 39

Senate

Amendment #1 (Qaddoura) failed; Roll Call 163: yeas 9, nays 40

Senate

Amendment #2 (Qaddoura) failed; Roll Call 164: yeas 9, nays 40

Senate

Amendment #3 (Qaddoura) failed; Roll Call 165: yeas 9, nays 40

Senate

Amendment #13 (Qaddoura) failed; Roll Call 167: yeas 8, nays 40

Senate

Amendment #15 (Qaddoura) failed; Roll Call 169: yeas 9, nays 40

Senate

Amendment #14 (Qaddoura) failed; Roll Call 168: yeas 11, nays 38

Senate

Amendment #22 (Hunley) failed; Roll Call 171: yeas 10, nays 39

Senate

Amendment #20 (Hunley) failed; Roll Call 170: yeas 9, nays 40

Senate

Second reading: amended, ordered engrossed

Senate

Amendment #18 (Hunley) failed; voice vote

Senate

Amendment #21 (Hunley) failed; voice vote

Senate

Amendment #6 (Qaddoura) failed; Roll Call 166: yeas 12, nays 37

Senate

Amendment #27 (Rogers) prevailed; voice vote

Senate

Amendment #26 (Yoder) failed; voice vote

Senate

Amendment #5 (Qaddoura) failed; Roll Call 158: yeas 10, nays 39

Senate

Amendment #4 (Qaddoura) failed; Roll Call 159: yeas 12, nays 37

Feb 11, 2025

Senate

Committee report: amend do pass, adopted

Jan 16, 2025

Senate

Authored by Senators Rogers, Raatz, Gaskill

Senate

First reading: referred to Committee on Tax and Fiscal Policy

  • Reading-1
  • Referral-Committee
Tax and Fiscal Policy

Bill Text

Bill Text Versions Format
Engrossed Senate Bill (H) PDF
Senate Bill (S) PDF
Introduced Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0518.03.ENGS.FN003 PDF
Fiscal Note: SB0518.03.ENGS.FN002 PDF
Fiscal Note: SB0518.03.ENGS.FN001 PDF

Sources

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