Ind. Code ch. 20-24-13

in effect

Ind. Code § 20-24-13-1 Applicability of chapter

Sec. 1. (a) This chapter applies to the following: (1) A charter school that does not receive a pro rata share of local property tax revenue. (2) An innovation network school located in a school city, as defined in IC 20-25-2-12, that existed on January 1, 2015, that does not receive a pro rata share of local property tax revenue (referred to as an innovation network school in this chapter). (b) This chapter does not apply to a virtual charter school or an adult high school. As added by P.L.213-2015, SEC.162.

Ind. Code § 20-24-13-2 "School"

Sec. 2. As used in this chapter, "school" refers to a charter school or an innovation network school described in section 1(a)(2) of this chapter. As added by P.L.213-2015, SEC.162.

Ind. Code § 20-24-13-3 Grant program established; uses; administration by the state board

Sec. 3. (a) An annual grant program is established to provide funding to a school for the following: (1) Capital improvements for the school, including the renovation or expansion of a facility, or for debt or lease payments owed on a facility, including advances from the common school fund under IC 20-49-9. (2) The purposes for which the school corporation's operations fund may be used by a school corporation under IC 20-40-18. (3) The purposes for which a technology grant from the Senator David C. Ford educational technology fund may be used by a school corporation under IC 20-20.5-6-3. (b) The program shall be administered by the state board. (c) The state board shall establish a written application and procedure for providing grants under this chapter to a school described in section 5 of this chapter. As added by P.L.213-2015, SEC.162. Amended by P.L.244-2017, SEC.30; P.L.74-2026, SEC.38.

Ind. Code § 20-24-13-4 Schools eligible to receive an annual grant without first applying to the state board

Sec. 4. The state board shall, without an application being made, make an annual grant to a school if the school is one (1) of the following: (1) A charter school in its first or second year of operation. (2) A charter school that was placed in the "A", "B", or "C" category or designation of performance established under IC 20-31-8-3 for the most recently completed school year. (3) A charter school that does not receive a category or designation of performance established under IC 20-31-8-3 for the most recently completed school year. (4) A school that has a majority of students with developmental, intellectual, or behavioral challenges. (5) An innovation network school described in section 1(a)(2) of this chapter. As added by P.L.213-2015, SEC.162.

Ind. Code § 20-24-13-5 Charter schools that may apply for an annual grant; procedures; eligibility for a grant

Sec. 5. (a) This section applies to a charter school that does not qualify for a grant under subsection (c). Each year, such a charter school may apply for an annual grant under this chapter. (b) The application under subsection (a) must be submitted after July 1 and before September 1 of a state fiscal year for a grant that is requested to be made during that state fiscal year. (c) The state board shall determine if the charter school is placed in the same or a better category or designation of performance established under IC 20-31-8-3 for the most recently completed school year than the nearest noncharter public school that is configured to teach the same grades of students as the charter school teaches. Except as provided in subsection (d), if the charter school has been placed in the same or a better category or designation of performance, the state board shall make the grant to the charter school. (d) If a charter school: (1) does not qualify for a grant under section 4 of this chapter; and (2) for two (2) consecutive years has not been placed in the same or a better category or designation of performance established under IC 20-31-8-3 for the most recently completed school year than the nearest noncharter public school that is configured to teach the same grades of students as the charter school teaches; the charter school is not eligible for a grant, unless the charter school is placed in the "C" category or designation of performance or better established under IC 20-31-8-3 for the most recently completed school year. As added by P.L.213-2015, SEC.162. Amended by P.L.118-2016, SEC.2.

Ind. Code § 20-24-13-6 Grant amount

Sec. 6. The annual grant amount for a school for each state fiscal year is: (1) one thousand four hundred dollars ($1,400); multiplied by (2) the number of eligible pupils who are counted in the current ADM of the school. As added by P.L.213-2015, SEC.162. Amended by P.L.108-2019, SEC.211; P.L.165-2021, SEC.152; P.L.201-2023, SEC.158; P.L.214-2025, SEC.66.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/20Fetched: 10/17/2026