INDIANAPOLIS – The Indiana Senate gave final approval to a measure to aid school corporations struggling to provide transportation services to students. Senate Democratic Leader Tim Lanane (D-Anderson) believes HEA 1062 will help to address the busing situation currently facing a number of school corporations, including Muncie Community Schools.
“This initiative will provide some much-needed relief to keep the Muncie Schools bus system operating and ensuring we get kids to school, said Lanane. “This is a step in the right direction but we must continue to seek a long-term solution. Bus transportation is a necessity, not an option.”
HEA1062 aims to provide some flexibility to meet busing obligations by allowing a school corporation that experiences at least a 10 percent revenue loss to the corporation’s transportation fund due to the property tax caps in 2014, 2015 or 2016 to use a proportional tax cap allocation for that year. A school corporation can also choose to restructure its debt if the corporation experienced a 20 percent or higher loss of levies as a result of property tax caps. School corporations must adopt a resolution to do so before January 2019.
The final conference committee report for HEA 1062 was approved by the Senate by a vote of 47-1, and the act now moves to the governor for his signature, veto or passage into law without his signature.
Sen. Lanane represents Indiana Senate District 25 includes the portions of Madison and Delaware counties, including the City of Muncie and portions of the City of Anderson. For more information on Sen. Lanane, his legislative agenda or other State Senate business call 1-800-382-9467 or visit www.IN.gov/S25 .