Sec. 19. (a) The fiscal and qualitative indicators committee shall do the following each year:
(1) Review the fiscal and qualitative indicators used under this chapter to evaluate the financial condition of school corporations.
(2) Determine if it is appropriate to change one (1) or more of the fiscal and qualitative indicators.
(b) Before the fiscal and qualitative indicators committee may change a fiscal or qualitative indicator, the fiscal and qualitative indicators committee must first submit a report in an electronic format to the state budget committee specifying the proposed change in the fiscal or qualitative indicator.
As added by P.L.213-2018(ss), SEC.15.