Indiana · 2025 Regular Session · Bill
SB 148: Loans from the common school fund.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 148 is a bill introduced in the Indiana Senate on January 8, 2025. According to its official title, it concerns: Loans from the common school fund. Primary sponsor: Mark Spencer (Democratic). It lists 1 additional sponsor. Most recent recorded action (January 16, 2025): Senator Randolph added as coauthor.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Extends by three years provisions that apply with regard to an extension of the term of loans or advances from the common school fund for the Gary Community School Corporation, which are set to expire on January 1, 2025. Reinstates the provisions in a new section of the Indiana Code with an extended expiration date of January 1, 2028.
Sponsors
Sponsors by party (alphabetical): Democratic 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mark Spencer | Primary sponsor | Democratic | Senate | 3 |
| Lonnie Randolph | Co-sponsor | Democratic | Senate | 2 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Senator Randolph added as coauthor
- Authored by Senator Spencer
- First reading: referred to Committee on Appropriations