House File 729 - Introduced HOUSE FILE BY UPMEYER, PAULSEN, TOMENGA, DE BOEF, S. OLSON, L. MILLER, RAYHONS, KAUFMANN, FORRISTALL, SODERBERG, and STRUYK Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act providing appropriations for general state financial aid 2 to merged areas. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 2624YH 82 5 kh/gg/14 PAG LIN 1 1 Section 1. DEPARTMENT OF EDUCATION == COMMUNITY COLLEGE 1 2 SUPPLEMENT FOR FY 2007=2008. There is appropriated from the 1 3 general fund of the state to the department of education for 1 4 the fiscal year beginning July 1, 2007, and ending June 30, 1 5 2008, the following amount, or so much thereof as is 1 6 necessary, to be used for the purposes designated: 1 7 For general state financial aid to merged areas as defined 1 8 in section 260C.2 in accordance with chapters 258 and 260C: 1 9 .................................................. $ 87,613,190 1 10 Funds appropriated pursuant to this section shall 1 11 supplement, not supplant, any other moneys appropriated to the 1 12 department of education for general state financial aid to 1 13 merged areas as defined in section 260C.2 in accordance with 1 14 chapters 258 and 260C. 1 15 Sec. 2. Section 260C.24, Code 2007, is amended to read as 1 16 follows: 1 17 260C.24PAYMENT OFAPPROPRIATIONS == PAYMENT. 1 18 1. For the fiscal year beginning July 1, 2008, and each 1 19 succeeding fiscal year, there is appropriated from the general 1 20 fund of the state to the department of education for each 1 21 fiscal year for general state financial aid to merged areas as 1 22 defined in section 260C.2 in accordance with chapter 258 and 1 23 this chapter, an amount which, divided on a per student basis, 1 24 exceeds the per student amount appropriated under section 1 25 261.25, subsections 1 and 2, for the previous fiscal year by 1 26 one dollar. 1 27 2. Payment ofappropriationsthe appropriation made 1 28 pursuant to subsection 1 for distribution under this chapter, 1 29 or of appropriations made in lieu of suchappropriations1 30 appropriation, shall be made by the department of 1 31 administrative services in monthly installments due on or 1 32 about the fifteenth of each month of a budget year, and 1 33 installments shall be as nearly equal as possible, as 1 34 determined by the department of administrative services, 1 35 taking into consideration the relative budget and cash 2 1 position of the state resources. 2 2 EXPLANATION 2 3 This bill appropriates $87.6 million from the general fund 2 4 of the state for FY 2007=2008 to the department of education 2 5 for general state financial aid to community colleges. The 2 6 amount appropriated is in addition to any other moneys 2 7 appropriated by the general assembly for FY 2007=2008 for that 2 8 purpose. The amount is determined by dividing the amounts 2 9 appropriated for the Iowa tuition grant by the number of 2 10 students receiving the tuition grant, adding $1 to that 2 11 figure, and multiplying the resulting figure by the number of 2 12 students enrolled in community colleges statewide and 2 13 subtracting from that amount the moneys appropriated for 2 14 community colleges in FY 2006=2007. 2 15 The bill provides for a permanent standing appropriation to 2 16 the department of education for FY 2008=2009 and each 2 17 succeeding fiscal year, for general state financial aid for 2 18 community colleges based on the same formula used to determine 2 19 the amount of the FY 2007=2008 supplemental appropriation in 2 20 the bill. 2 21 LSB 2624YH 82 2 22 kh:rj/gg/14