Sec. 20. (a) Except as provided in subsection (b), in a state fiscal year, the department shall distribute grants to only two (2) groups of school corporations with each of the two (2) groups receiving fifty percent (50%) of the group's total grant amount. (b) In state fiscal year 1996-1997: (1) the department shall begin grant distribution under sections 13 through 24 of this chapter; and (2) the school corporations in group one shall receive one hundred percent (100%) of the group's total grant. (c) Beginning in state fiscal year 1997-1998, the department shall: (1) distribute grants so that school corporations in group two receive: (A) fifty percent (50%) of group two's total grant in the first year of distribution; and (B) fifty percent (50%) of group two's total grant in the second year of distribution; and (2) continue in group number sequence so that school corporations in each group receive: (A) fifty percent (50%) of the group's total grant in the first year of distribution to the group; and (B) fifty percent (50%) of the group's total grant in the second year of distribution to the group. [Pre-2005 Elementary and Secondary Education Recodification Citation: 20-10.1-25.3-12.]
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