Sec. 4. A reorganized school corporation that receives a grant under this chapter may use the grant for one (1) or more of the following purposes:
(1) Payment of expenses associated with the reorganization, including professional service fees, legal costs, and necessary capital expenditures.
(2) Providing salary bonuses to teachers. A bonus provided under this chapter is not subject to collective bargaining under IC 20-29-6, but a discussion of the bonus must be held.
As added by P.L.217-2017, SEC.160.