A BILL FOR AN ACT to amend the Indiana Code concerning education.

HB 1315 amends Indiana's education code to change how financial examinations are conducted for public schools and related entities. It limits audits of schools and charter schools to only matters involving public funds received for educational purposes, rather than full financial reviews. The bill also requires the state to create a public online database listing school expenditures, including contracts and grants, for public access. These changes directly affect public schools, charter schools, and nonprofit education organizations by altering financial oversight and transparency requirements.