Text: H08116 Text: H08118 Text: H08100 - H08199 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend the amendment, H-8082, to House File 2282, as 1 2 follows: 1 3 #1. Page 1, by striking line 45 and inserting the 1 4 following: "section 298.3. 1 5 Sec. ___. Section 298.2, Code Supplement 1997, is 1 6 amended by adding the following new subsection: 1 7 NEW SUBSECTION. 8. For a school district which 1 8 has not imposed the regular physical plant and 1 9 equipment levy, or has not imposed the levy at the 1 10 thirty-three cent maximum level, there is appropriated 1 11 annually from the general fund of the state to the 1 12 department of management for the school budget year 1 13 beginning July 1, 1998, and succeeding budget years, 1 14 an amount equal to the difference between the ninety- 1 15 two dollar and fifty cents per pupil rate applied in 1 16 subsection 7 and the amount which would have been 1 17 received by a school district if it had imposed the 1 18 regular physical plant and equipment levy at the 1 19 thirty-three cent maximum level. The funds 1 20 appropriated shall be allocated as follows: 1 21 a. The department of management shall determine, 1 22 by April 15 of the base year, the amount of regular 1 23 physical plant and equipment levy property tax revenue 1 24 which would have been generated in a school district 1 25 if the district had imposed the levy at the maximum 1 26 thirty-three cent rate. In making this determination, 1 27 the department shall utilize the most recent figures 1 28 available for the district's valuation of taxable 1 29 property and the actual enrollment certified to the 1 30 department by the department of education for the base 1 31 year. 1 32 b. The department shall deposit, for each school 1 33 district either not imposing the levy, or imposing the 1 34 levy at a rate generating revenue below the ninety-two 1 35 dollars and fifty cents per pupil level, the amount 1 36 determined pursuant to this subsection to the credit 1 37 of the district in the physical plant and equipment 1 38 levy fund by September 15 of the budget year."" 1 39 1 40 1 41 1 42 SCHRADER of Marion 1 43 HF 2282.705 77 1 44 rn/sc/28
Text: H08116 Text: H08118 Text: H08100 - H08199 Text: H Index Bills and Amendments: General Index Bill History: General Index
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