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Page 20 1 establishment of a community college excellence 2000 2 account in the office of the treasurer of state for 3 deposit of moneys appropriated to the account for 4 purposes of funding quality instructional centers and 5 program and administrative sharing agreements under 6 sections 260C.45 and 260C.46. There is appropriated 7 from the general fund of the state to the department 8 of education for the fiscal year beginning July 1, 919951997, an amount equal to two and five-tenths 10 percent of the total state general aid generated for 11 all community colleges during the budget year under 12 this chapter for deposit in the community college 13 excellence 2000 account. In the next succeeding two 14 fiscal years, the percent multiplier shall be 15 increased in equal increments until the multiplier 16 reaches seven and one-half percent of the total state 17 general aid generated for all community colleges 18 during the budget year. 19 It is the intent of the general assembly that the 20 general assembly enact legislation by July 1,199521 1997, that will increase the maximum percent 22 multiplier established in this section from seven and 23 five-tenths percent to ten percent. 24 Sec. 23. Section 261.12, subsection 1, paragraph 25 b, Code 1995, is amended to read as follows: 26 b. For the fiscal year beginning July 1,198927 1995, and for each following fiscal year, two thousand 28sixnine hundredfiftydollars. 29 Sec. 24. Section 261.25, subsection 1, Code 1995, 30 is amended to read as follows: 31 1. There is appropriated from the general fund of 32 the state to the commission for each fiscal year the 33 sum ofthirty-twothirty-five millionfoursix hundred 34twenty-twosixty-four thousandthreeseven hundred 35sixty-twofifty dollars for tuition grants. 36 Sec. 25. Section 261.85, unnumbered paragraph 1, 37 Code 1995, is amended to read as follows: 38 There is appropriated from the general fund of the 39 state to the commission for each fiscal year the sum 40 of two millioneightnine hundredninety-eightfifty 41 thousandeight hundred fortydollars for the work- 42 study program. 43 Sec. 26. Section 294A.25, subsection 8, Code 1995, 44 is amended to read as follows: 45 8. For the fiscal year beginning July 1,199446 1995, to the department of education from phase III 47 moneys the amount of one million two hundred fifty 48 thousand dollars for support for the operations of the 49 new Iowa schools development corporation and for 50 school transformation design and implementation
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