Text: HF02382 Text: HF02384 Text: HF02300 - HF02399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 257.20, subsection 2, Code 1997, is 1 2 amended by adding the following new paragraph: 1 3 NEW PARAGRAPH. c. If the department of education prorates 1 4 the amount of the instructional support state aid paid to each 1 5 district pursuant to paragraph "b", the board of directors of 1 6 a district shall be authorized to impose an additional 1 7 instructional support property tax, or a combination of an 1 8 additional instructional support property tax and an 1 9 additional instructional support income surtax, that would 1 10 raise an amount calculated by the department of management to 1 11 equal the difference between what the district would be 1 12 entitled to receive if the instructional support levy were 1 13 fully funded pursuant to subsection 1, and the amount of the 1 14 prorated state aid calculated pursuant to paragraph "b". 1 15 The additional taxing authority pursuant to this paragraph 1 16 shall be granted for each budget year in which a prorated 1 17 state aid payment is received, for a period not to exceed the 1 18 duration of the underlying instructional support program. The 1 19 amount of additional instructional support property tax and 1 20 additional instructional support income surtax, if imposed, 1 21 may be determined by the board of directors in a different 1 22 proportion than for the instructional support property tax and 1 23 instructional support income surtax imposed for the underlying 1 24 instructional support program. Certification procedures 1 25 regarding imposition of additional instructional support 1 26 property tax or additional instructional support income surtax 1 27 shall be as provided in sections 257.19 and 257.25. The 1 28 payments shall be calculated, paid, and deposited at the same 1 29 time and in the same manner as provided in sections 257.21 1 30 through 257.26. 1 31 EXPLANATION 1 32 This bill provides school districts receiving a prorated 1 33 instructional support state aid payment with additional taxing 1 34 authority to fully fund the instructional support program. 1 35 The bill provides that the board of directors of a school 2 1 district shall be authorized to impose an additional 2 2 instructional support property tax, or a combination of an 2 3 additional instructional support property tax and an 2 4 additional instructional support income surtax, in an amount 2 5 calculated by the department of management to equal the 2 6 difference between what the district would be entitled to 2 7 receive if the instructional support levy were fully funded 2 8 pursuant to Code section 257.20, subsection 1, and the amount 2 9 of the prorated state aid calculated pursuant to Code section 2 10 257.20, subsection 2, paragraph "b". 2 11 The bill provides that the additional taxing authority 2 12 shall be granted for each budget year in which a prorated 2 13 state aid payment is received, for a period not to exceed the 2 14 duration of the underlying instructional support program, and 2 15 that the amount of additional instructional support property 2 16 tax and additional instructional support income surtax, if 2 17 imposed, may be determined by the board of directors in a 2 18 different proportion than the underlying instructional support 2 19 property tax and income surtax amounts. The bill provides 2 20 that certification procedures regarding imposition of the 2 21 additional tax shall be the same as for regular instructional 2 22 support funding. 2 23 LSB 3572HH 77 2 24 rn/sc/14
Text: HF02382 Text: HF02384 Text: HF02300 - HF02399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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