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---
type: "Bill"
title: "Indianapolis public education corporation."
description: "Establishes the Indianapolis public education corporation (corporation) and board (corporation board). Establishes the duties and powers of the corporation and corporation board. Provides that the Indianapolis public schools school corporation (school city) is not subject to building closure or certain transfer of school building laws. Allows only certain authorizers to grant or renew charters for charter schools located within the geographic boundaries of the school city. Specifies authority and duties of the corporation related to imposition of property taxes. Provides that the corporation is authorized to pursue a controlled project, operating referendum, or school safety referendum (instead of the school city). Requires the county auditor to transfer to the corporation a percentage of the amount of revenue collected from the operations fund property tax levy that would otherwise be distributed to the school city and applicable charter schools. Establishes the corporation operations fund and corporation debt service fund. Provides that the corporation may issue bonds, enter leases, or otherwise incur indebtedness after March 31, 2026, and before July 1, 2027, only if the board of school commissioners of the school city first adopts a resolution approving the issuance of the bonds, entering into the lease, or incurring of indebtedness. Provides, beginning April 1, 2026, and ending June 30, 2027, the reduction of distributions to pay for debt service obligations issued by the corporation must be made from reductions of distributions to the school city for failure to pay debt service obligations."
jurisdiction: "us/states/in"
legislature: "Indiana General Assembly"
session: "2026"
identifier: "HB 1423"
citation: "Indiana HB 1423 (2026)"
classification: ["bill"]
subjects: ["AGENCIES; Department of Education (DOE) and Secretary of Education", "CITIES; Indianapolis", "COUNTIES; Marion", "EDUCATION; Generally", "EDUCATION; Local School Boards", "LOCAL ELECTED OFFICIALS; Auditors", "SCHOOLS; Charter Schools", "SCHOOLS; Funds and Budgets", "SCHOOLS; Generally", "SCHOOLS; Private Schools", "TAXES; Property Taxes", "TAXES; School Taxes"]
status: "enacted"
primary_sponsors: ["Jeff Raatz", "Robert Behning"]
version_count: 6
action_count: 40
vote_count: 12
first_action: "2026-01-08"
last_action: "2026-03-04"
source: "openstates"
source_identifier: "ocd-bill/ea44ed79-3b5d-413d-ae2c-7b8c6f984c57"
source_url: "https://api.iga.in.gov/2026/bills/hb1423"
source_hash: "d57731c3f2e8c4d1506d4a3b3a19890c1a968241b172f87617b99301e5c233eb"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-in"]
---
# Indiana HB 1423 (2026) — Indianapolis public education corporation.
Establishes the Indianapolis public education corporation (corporation) and board (corporation board). Establishes the duties and powers of the corporation and corporation board. Provides that the Indianapolis public schools school corporation (school city) is not subject to building closure or certain transfer of school building laws. Allows only certain authorizers to grant or renew charters for charter schools located within the geographic boundaries of the school city. Specifies authority and duties of the corporation related to imposition of property taxes. Provides that the corporation is authorized to pursue a controlled project, operating referendum, or school safety referendum (instead of the school city). Requires the county auditor to transfer to the corporation a percentage of the amount of revenue collected from the operations fund property tax levy that would otherwise be distributed to the school city and applicable charter schools. Establishes the corporation operations fund and corporation debt service fund. Provides that the corporation may issue bonds, enter leases, or otherwise incur indebtedness after March 31, 2026, and before July 1, 2027, only if the board of school commissioners of the school city first adopts a resolution approving the issuance of the bonds, entering into the lease, or incurring of indebtedness. Provides, beginning April 1, 2026, and ending June 30, 2027, the reduction of distributions to pay for debt service obligations issued by the corporation must be made from reductions of distributions to the school city for failure to pay debt service obligations.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Engrossed House Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2026/house/bills/HB1423/HB1423.07.ENGS.pdf)
2. **Engrossed House Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2026/house/bills/HB1423/HB1423.04.ENGH.pdf)
3. **Enrolled House Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2026/house/bills/HB1423/HB1423.08.ENRS.pdf)
4. **House Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2026/house/bills/HB1423/HB1423.03.COMH.pdf)
5. **House Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2026/house/bills/HB1423/HB1423.06.COMS.pdf)
6. **Introduced House Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/124/2026/house/bills/HB1423/HB1423.01.INTR.pdf)
## Votes
- HB 1423 - Behning - 2nd Reading — **2562** (fail) · lower
- HB 1423 - Behning - 2nd Reading — **2463** (fail) · lower
- HB 1423 - Raatz - 2nd Reading — **1038** (fail) · upper
- HB 1423 - Raatz - 2nd Reading — **839** (fail) · upper
- HB 1423 - Raatz - 2nd Reading — **739** (fail) · upper
- HB 1423 - Raatz - 2nd Reading — **939** (fail) · upper
- HB 1423 - Raatz - 3rd Reading — **2721** (pass) · upper
- HB 1423 - Behning — **6730** (pass) · lower
- HB 1423 - Behning - 2nd Reading — **2860** (fail) · lower
- HB 1423 - Raatz - 2nd Reading — **939** (fail) · upper
- HB 1423 - Behning - 2nd Reading — **2660** (fail) · lower
- HB 1423 - Behning - 3rd Reading — **6830** (pass) · lower
## Sponsors
- Jeff Raatz — primary (person)
- Robert Behning — primary (person)
- Julie McGuire — coauthor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2026-01-08** Coauthored by Representative McGuire
- **2026-01-08** Authored by Representative Behning
- **2026-01-08** First reading: referred to Committee on Education `reading-1, referral-committee`
- **2026-01-22** Committee report: amend do pass, adopted `committee-passage`
- **2026-01-22** Recommitted to Committee on Ways and Means pursuant to House Rule 126.3
- **2026-01-27** Committee report: amend do pass, adopted `committee-passage`
- **2026-01-29** Amendment #10 (Behning) prevailed; voice vote `amendment-passage`
- **2026-01-29** Amendment #2 (DeLaney) failed; Roll Call 161: yeas 28, nays 60 `amendment-failure, failure`
- **2026-01-29** Amendment #9 (Bartlett) failed; Roll Call 162: yeas 26, nays 60 `amendment-failure, failure`
- **2026-01-29** Second reading: amended, ordered engrossed `reading-2`
- **2026-01-29** Amendment #6 (Smith V) failed; Roll Call 163: yeas 25, nays 62 `amendment-failure, failure`
- **2026-01-29** Amendment #8 (Smith V) failed; Roll Call 164: yeas 24, nays 63 `amendment-failure, failure`
- **2026-02-02** Third reading: passed; Roll Call 198: yeas 68, nays 30 `passage, reading-3, reading-3`
- **2026-02-02** Senate sponsors: Senators Raatz, Johnson T
- **2026-02-03** First reading: referred to Committee on Education and Career Development `reading-1, referral-committee`
- **2026-02-03** Referred to the Senate `referral`
- **2026-02-12** Committee report: amend do pass adopted; reassigned to Committee on Appropriations `committee-passage, referral-committee`
- **2026-02-19** Committee report: do pass, adopted `committee-passage`
- **2026-02-23** Amendment #5 (Raatz) prevailed; voice vote `amendment-passage`
- **2026-02-23** Amendment #3 (Qaddoura) failed; Roll Call 217: yeas 8, nays 39 `amendment-failure, failure`
- **2026-02-23** Amendment #1 (Qaddoura) failed; Roll Call 218: yeas 7, nays 39 `amendment-failure, failure`
- **2026-02-23** Amendment #2 (Qaddoura) failed; Roll Call 219: yeas 9, nays 39 `amendment-failure, failure`
- **2026-02-23** Amendment #7 (Hunley) failed; voice vote `amendment-failure, failure`
- **2026-02-23** Amendment #10 (Hunley) failed; Roll Call 220: yeas 9, nays 39 `amendment-failure, failure`
- **2026-02-23** Amendment #11 (Hunley) failed; voice vote `amendment-failure, failure`
- **2026-02-23** Amendment #8 (Hunley) failed; voice vote `amendment-failure, failure`
- **2026-02-23** Amendment #12 (Hunley) failed; Roll Call 221: yeas 10, nays 38 `amendment-failure, failure`
- **2026-02-23** Amendment #6 (Hunley) failed; voice vote `amendment-failure, failure`
- **2026-02-23** Amendment #9 (Hunley) failed; voice vote `amendment-failure, failure`
- **2026-02-23** Second reading: amended, ordered engrossed `reading-2`
- **2026-02-24** Third reading: passed; Roll Call 262: yeas 27, nays 21 `passage, reading-3, reading-3`
- **2026-02-24** Senator Johnson T removed as second sponsor
- **2026-02-25** Returned to the House with amendments `receipt`
- **2026-02-25** House concurred with Senate amendments; Roll Call 384: yeas 67, nays 30
- **2026-02-25** Motion to concur filed `filing`
- **2026-02-26** Signed by the Speaker `passage`
- **2026-02-27** Signed by the President Pro Tempore `passage`
- **2026-02-27** Signed by the President of the Senate `passage`
- **2026-03-04** Public Law 101 `became-law`
- **2026-03-04** Signed by the Governor `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ea44ed79-3b5d-413d-ae2c-7b8c6f984c57`. Confidence: reported (aggregated from official Indiana legislature records).