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§ 20-43-2-1 — Indiana Law | CourtGPT
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  4. Title 20 - Education/
  5. Article 43 - State Tuition Support/
  6. Chapter 2 - Maximum State Distribution20-43-2-1. Distribution Schedule; Reversions/
  7. § 20-43-2-1
Indiana Legal Code

§ 20-43-2-1

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If the appropriations for distribution as state tuition support are more than required under this article, any excess shall revert to the state general fund. The appropriations for state tuition support shall be made each state fiscal year under a schedule set by the budget agency and approved by the governor. However, the schedule must provide:(1) for at least twelve (12) payments;(2) that one (1) payment shall be made at least every forty (40) days; and(3) the total of the payments in each state fiscal year must equal the amount required under this article.[Pre-2006 Recodification Citation: subsection (a) formerly P.L.246-2005, SECTION 9 part.]As added by P.L.2-2006, SEC.166. Amended by P.L.146-2008, SEC.481; P.L.205-2013, SEC.268.