2025 Regular SessionIndiana Legislature

SB0148: Loans from the common school fund.

Legislative Summary

Loans from the common school fund. Extends by three years provisions that apply with regard to an extension of the term of loans or advances from the common school fund for the Gary Community School Corporation, which are set to expire on January 1, 2025. Reinstates the provisions in a new section of the Indiana Code with an extended expiration date of January 1, 2028.

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

1/8/2025
Authored by Senator Spencer
Senate
1/8/2025
First reading: referred to Committee on Appropriations
Senate
1/16/2025
Senator Randolph added as coauthor
Senate

Status Information

Current Status
Introduced(1/8/2025)
Chamber
Senate
Committee
Appropriations(Senate)

Sponsors

Democrat: 2

Primary Sponsor

Mark Spencer
Mark Spencer
Democrat

Documents

Introduced
Bill Text12/30/202484.5 KB
Fiscal Note
Fiscal Note12/30/202462.2 KB