SF 2164 (LSB 5425SZ (4) 88)

RELATING TO PUBLIC SCHOOL FUNDING BY MODIFYING  PROVISIONS RELATING TO THE REGULAR PROGRAM STATE COST PER  PUPIL AND TO APPROPRIATIONS TO THE TRANSPORTATION EQUITY  FUND AND INCLUDING EFFECTIVE DATE PROVISIONS. 

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 257.9, subsection 2, Code 2020, is amended to read as follows:
   2.  Regular program state cost per pupil for 1992-1993 and succeeding years.
   a.  For the budget year beginning July 1, 1992, and succeeding budget years beginning before July 1, 2018, the regular program state cost per pupil for a budget year is the regular program state cost per pupil for the base year plus the regular program supplemental state aid for the budget year.
   b.  For the budget year beginning July 1, 2018, the regular program state cost per pupil is the regular program state cost per pupil for the base year plus the regular program supplemental state aid for the budget year, plus five dollars.
   c.  For the budget year beginning July 1, 2019, the regular program state cost per pupil is the regular program state cost per pupil for the base year plus the regular program supplemental state aid for the budget year, plus five dollars.
   d.  For the budget year beginning July 1, 2020, the regular program state cost per pupil is the regular program state cost per pupil for the base year plus the regular program supplemental state aid for the budget year, plus ten dollars.
   d.  e.  For the budget year beginning July 1, 2020 2021, and succeeding budget years, the regular program state cost per pupil for a budget year is the regular program state cost per pupil for the base year plus the regular program supplemental state aid for the budget year.
    Sec. 2.  Section 257.16C, subsection 3, paragraph d, subparagraph (2), Code 2020, is amended to read as follows:
   (2)  For each the fiscal year beginning on or after July 1, 2020, there is appropriated from the general fund of the state to the department of management for deposit in the transportation equity fund the sum of the following, or so much thereof as is necessary, to be used for the purposes of this section:
   (a)  The amount appropriated to the transportation equity fund under this paragraph for the immediately preceding fiscal year.
   (b)  The product of the amount determined under subparagraph division (a) multiplied by the categorical percent of growth under section 257.8, subsection 2, for the budget year beginning on the same date of the fiscal year for which the appropriation is made.
   (c)  Seven million two hundred fifty-three thousand eighty-eight dollars.
    Sec. 3.  Section 257.16C, subsection 3, paragraph d, Code 2020, is amended by adding the following new subparagraph:
   NEW SUBPARAGRAPH.  (3)  For each fiscal year beginning on or after July 1, 2021, there is appropriated from the general fund of the state to the department of management for deposit in the transportation equity fund the sum of the following, or so much thereof as is necessary, to be used for the purposes of this section:
   (a)  The amount appropriated to the transportation equity fund under this paragraph for the immediately preceding fiscal year.
   (b)  The product of the amount determined under subparagraph division (a) multiplied by the categorical percent of growth under section 257.8, subsection 2, for the budget year

 beginning on the same date of the fiscal year for which the appropriation is made.
    Sec. 4.  EFFECTIVE DATE.  This Act, being deemed of immediate importance, takes effect upon enactment.

______________________________
CHARLES SCHNEIDER
President of the Senate

______________________________
PAT GRASSLEY
Speaker of the House

   I hereby certify that this bill originated in the Senate and is known as Senate File 2164, Eighty-eighth General Assembly.

______________________________
W. CHARLES SMITHSON
Secretary of the Senate

Approved _______________, 2020

______________________________
KIM REYNOLDS
Governor