Sec. 1. (a) This chapter applies to the following:
(1) A charter school that does not receive a pro rata share of local property tax revenue.
(2) An innovation network school located in a school city, as defined in IC 20-25-2-12, that existed on January 1, 2015, that does not receive a pro rata share of local property tax revenue (referred to as an innovation network school in this chapter).
(b) This chapter does not apply to a virtual charter school or an adult high school.