Indianapolis public education corporation.

Summary

The law establishes a new public education corporation and board to oversee Indianapolis schools, giving it authority over building decisions, charter approvals, and a share of property‑tax revenue. It moves part of the operations‑fund tax levy to the corporation, creates dedicated operating and debt‑service funds, and limits when the corporation can issue bonds. The changes are intended to give the corporation more control over school financing and operations.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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