Ind. Code ch. 36-1.5-6

in effect

Ind. Code § 36-1.5-6-1 "ADM"

Sec. 1. As used in this chapter, "ADM" means average daily membership (as defined in IC 20-18-2-2). As added by P.L.217-2017, SEC.160.

Ind. Code § 36-1.5-6-2 School corporation efficiency incentive grant; eligibility

Sec. 2. A school corporation that is formed from a reorganization of two (2) or more school corporations under IC 36-1.5-4 after June 30, 2017, is eligible for a one (1) time school corporation efficiency incentive grant under this chapter after satisfying all the requirements of IC 36-1.5-4. (b) The grant program shall be administered by the department of education. Grants made under this chapter shall be paid from money appropriated to the department of education from the general assembly for that purpose. (c) The state board of education may adopt rules under IC 4-22-2 necessary to administer the grant program. As added by P.L.217-2017, SEC.160.

Ind. Code § 36-1.5-6-3 Grant amount

Sec. 3. The grant amount is: (1) two hundred fifty dollars ($250); multiplied by (2) the sum of the most recent ADMs of the reorganized school corporations. As added by P.L.217-2017, SEC.160.

Ind. Code § 36-1.5-6-4 Use of grant

Sec. 4. A reorganized school corporation that receives a grant under this chapter may use the grant for one (1) or more of the following purposes: (1) Payment of expenses associated with the reorganization, including professional service fees, legal costs, and necessary capital expenditures. (2) Providing salary bonuses to teachers. A bonus provided under this chapter is not subject to collective bargaining under IC 20-29-6, but a discussion of the bonus must be held. As added by P.L.217-2017, SEC.160.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/36Fetched: 10/17/2026