Provides that a governing body of a school corporation located in a county with a population of less than 150,000 has one year from the date the governing body determines at a public meeting to cease using a covered school building for classroom instruction on student instructional days to sell the covered school building to a county or municipal government at a mutually agreed upon price before the covered school building must be made available for lease or purchase to a charter school or state educational institution. Makes conforming changes.

Statutes affected:
Introduced Senate Bill (S): 20-26-7.1-3, 20-26-7.1-4, 20-26-7.1-4.5, 20-26-7.1-5, 20-26-7.1-5.3