Sec. 16. A school corporation receiving an advancement under this chapter may annually levy a tax in the debt service fund to replace the amount deducted in the current year from the distribution of state tuition support under this chapter. The amount received from the tax shall be transferred from the debt service fund to the education fund.
[Pre-2006 Recodification Citation: 21-1-11-8.]
As added by P.L.2-2006, SEC.172. Amended by P.L.244-2017, SEC.119.