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Text: HSB00242                          Text: HSB00244
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House Study Bill 243

Conference Committee Text

PAG LIN
  1  1    Section 1.  Section 257.20, subsection 1, Code 1995, is
  1  2 amended to read as follows:
  1  3    1.  In order to determine the amount of instructional
  1  4 support state aid and the amount of local funding for the
  1  5 instructional support program for a district, the department
  1  6 of management shall divide the total assessed valuation in the
  1  7 state by the total budget enrollment for the budget year in
  1  8 the state to determine a state assessed valuation per pupil
  1  9 and shall divide the assessed valuation in each district by
  1 10 the district's budget enrollment for the budget year to
  1 11 determine the district assessed valuation per pupil.  The
  1 12 department of management shall multiply the ratio of the
  1 13 state's valuation per pupil to the district's valuation per
  1 14 pupil by twenty-five hundredths and subtract that result from
  1 15 one to determine the portion of the instructional support
  1 16 program budget that is local funding.  The remaining portion
  1 17 of the budget shall be funded by instructional support state
  1 18 aid.  However, for the budget year beginning July 1, 1992,
  1 19 only, the amount of state aid is three and one-quarter percent
  1 20 less than the amount computed under this paragraph for that
  1 21 budget year.
  1 22    Sec. 2.  Section 257.20, subsection 2, paragraphs a and b,
  1 23 Code 1995, are amended by striking the paragraphs.
  1 24    Sec. 3.  Section 257.20, subsection 3, Code 1995, is
  1 25 amended by striking the subsection.
  1 26    Sec. 4.  This Act applies for computing state aid for
  1 27 school budget years beginning on or after July 1, 1996.  
  1 28                           EXPLANATION
  1 29    During the 1992 Session, laws were enacted that reduced the
  1 30 amount of state aid to be paid under the instructional support
  1 31 program of a school district by 3.5 percent and also, for
  1 32 subsequent years, limited the appropriations to that which was
  1 33 appropriated in 1992-1993 fiscal year.  This bill eliminates
  1 34 the freeze on the appropriation and returns the appropriation
  1 35 for the instructional support program to a standing unlimited
  2  1 appropriation.
  2  2    The bill applies to school budget years commencing on or
  2  3 after July 1, 1996.  
  2  4 LSB 2559HC 76
  2  5 mg/cf/24
     
Text: HSB00242                          Text: HSB00244
Text: HSB00200 - HSB00299               Text: HSB Index
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