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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