Indiana legislation · 2026 Regular Session
Indiana HB1423: Indianapolis public education corporation.
Status: Signed into law, March 4, 2026
Establishes the Indianapolis public education corporation (corporation) and board (corporation board). Establishes the duties and powers of the corporation and corporation board. Provides that the Indianapolis public schools school corporation (school city) is not subject to building closure or certain transfer of school building laws. Allows only certain authorizers to grant or renew charters for charter schools located within the geographic boundaries of the school city. Specifies authority and duties of the corporation related to imposition of property taxes. Provides that the corporation is authorized to pursue a controlled project, operating referendum, or school safety referendum (instead of the school city). Requires the county auditor to transfer to the corporation a percentage of the amount of revenue collected from the operations fund property tax levy that would otherwise be distributed to the school city and applicable charter schools. Establishes the corporation operations fund and corporation debt service fund. Provides that the corporation may issue bonds, enter leases, or otherwise incur indebtedness after March 31, 2026, and before July 1, 2027, only if the board of school commissioners of the school city first adopts a resolution approving the issuance of the bonds, entering into the lease, or incurring of indebtedness. Provides, beginning April 1, 2026, and ending June 30, 2027, the reduction of distributions to pay for debt service obligations issued by the corporation must be made from reductions of distributions to the school city for failure to pay debt service obligations.
What the bill says
An act to amend the Indiana Code concerning education.
From the enrolled text:
AN ACT to amend the Indiana Code concerning education. SECTION 1. IC 5-13-6-3, AS AMENDED BY P.L.166-2014, SECTION 1, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]: Sec. 3. (a) All taxes collected by the county treasurer shall be deposited as one (1) fund in the several depositories selected for the deposit of county funds and, except as provided in subsection (b), remain in the depositories until distributed at the following semiannual distribution made by the county auditor. (b) Every county treasurer who, by virtue of the treasurer's office, is the collector of any taxes for any political subdivision wholly or partly within the county shall, not later than thirty (30) days after receipt of a written request for funds filed with the treasurer by a proper officer of any political subdivision within the county, provide to the county auditor the amount available for distribution, as certified for each semiannual distribution under IC 6-1.1-27-2. The county auditor shall advance to that political subdivision a portion of the taxes collected before the semiannual distribution. The amount advanced may not exceed the lesser of: (1) ninety-five percent (95%) of the total amount collected at the time of the advance; or (2) ninety-five percent (95%) of the amount to be distributed at the semiannual distribution. (c) Upon notice from the county treasurer …
Sponsors
- Robert Behning (R, HD-091) · primary sponsor
- Julie McGuire (R, HD-093)
Latest actions
- : Signed by the Governor
- : Public Law 101
- : Signed by the President of the Senate
- : Signed by the President Pro Tempore
- : Signed by the Speaker
- : Motion to concur filed
- : House concurred with Senate amendments; Roll Call 384: yeas 67, nays 30
- : Returned to the House with amendments
- : Senator Johnson T removed as second sponsor
- : Third reading: passed; Roll Call 262: yeas 27, nays 21
Votes
- HB1423.07.ENGS.CON01 (February 25, 2026): 67 yea, 30 nay, passed
- HB1423.06.COMS (February 24, 2026): 27 yea, 21 nay, passed
- HB1423.06.COMS.AMS012 (February 23, 2026): 10 yea, 38 nay, failed
- HB1423.06.COMS.AMS010 (February 23, 2026): 9 yea, 39 nay, failed
- HB1423.06.COMS.AMS003 (February 23, 2026): 8 yea, 39 nay, failed
- HB1423.06.COMS.AMS002 (February 23, 2026): 9 yea, 39 nay, failed
Subjects: COUNTIES; Marion, CITIES; Indianapolis, AGENCIES; Department of Education (DOE) and Secretary of Education, SCHOOLS; Funds and Budgets, SCHOOLS; Private Schools, TAXES; Property Taxes, EDUCATION; Local School Boards, EDUCATION; Generally
Common questions
- What is HB1423?
- HB1423 is a bill in the Indiana Legislature (2026 Regular Session): Indianapolis public education corporation.
- What does HB1423 do?
- In its own words: An act to amend the Indiana Code concerning education.
- What is the status of HB1423?
- Signed into law as of March 4, 2026. Latest action: Signed by the Governor (March 4, 2026).
- Who sponsored HB1423?
- Robert Behning (R, HD-091), with 1 co-sponsor.
- Where is the official record for HB1423?
- On the Indiana Legislature website: https://iga.in.gov/legislative/2026/bills/house/1423
Source: official Indiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.